articles | 06 June 2017

Harmonised inflation rate at 0.9% in May 2017

The Cyprus harmonised consumer price index rose 0.9% in May 2017, compared to the respective month of 2016, and 0.1% compared to the month before, the statistical service said.

In January to May, the harmonised consumer price index rose an annual 1.3% compared to the respective period of 2016, Cystat said.

Energy prices rose an annual 12% in May, while those for services rose 0.8%, Cystat said. Non-energy industrial products became 1.4% more affordable while prices of food, alcoholic beverages, and tobacco, dropped marginally.

Source: Cyprus Mail

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