Consumer prices rose an annual 1.9% in March 2017, the highest rate since September 2012 on more increased prices for electricity and fuel, after rising 1.6% in February and 0.6% in January, the statistical service said.
Compared with February, consumer prices rose 0.9%, Cystat said in a statement on its website on Thursday.
Last month, prices for electricity rose 27% compared to March 2016, while those for fuel and agricultural products rose 16% and 11% respectively, Cystat said. Prices for services rose a marginal 0.1%, while water prices remained unchanged. Non-fuel industrial products became 0.7% more affordable.
In January to March, consumer prices rose 1.4% compared to the respective quarter, Cystat said.
Source: Cyprus Mail
