articles | 10 May 2017

Harmonised inflation rises to 2.1% in April 2017

Cyprus’ harmonised consumer price index rose an annual 2.1% in April compared to a year before and 1% in a month, the statistical service said.

The increase was mainly on energy products which became 17% more expensive last month compared to April 2016, Cystat said in a statement on its website on Tuesday. Prices for services and food, non-alcoholic beverages and tobacco rose 2% and 1% respectively. Non-energy industrial products became 1.2% more affordable.

In January to April, the harmonised inflation rate was 1.4%, Cystat said. In March, the harmonised consumer price index rose an annual 1.5%.

Source: Cyprus Mail

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