December prices down 0.6%, inflation closes at 0.5% in 2017

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December prices down 0.6%, inflation closes at...
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By Stelios Orphanides

Consumer prices dropped 0.6 per cent in December compared to the respective month of 2016 mainly on cheaper agricultural and industrial products, the statistical service said.

Prices for agricultural and products fell last month an annual 9.2 per cent and 0.7 per cent, Cystat said in a statement on its website on Thursday. Electricity prices also fell 3.2 per cent while the price of water remained unchanged. On the other hand, fuel prices went up 4.4 per cent and services became 0.5 per cent more expensive.

In January to...


This article was automatically added to our system 4-1-2018

December prices down 0.6%, inflation closes at 0.5% in 2017


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