The consumer price index rose 2.3% year-on-year in July 2018 mainly on higher energy prices, the statistical service said.
Fuel prices rose an annual 14% last month while electricity prices rose 11%, Cystat said in a statement on Thursday.
Prices for agricultural products and services rose 5% and 2% respectively. The increases were partially offset by a 0.4% decrease in the price of industrial products, accompanied by a 2.8% reduction in water prices.
In the first seven months, consumer prices rose an annual 0.6% compared with the respective period last year, Cystat said. The inflation rate in June was also 2.3%.
Source: Cyprus Mail
