Inflation dropped in December

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Inflation dropped in December
 © CyprusMail 2021
Inflation in Cyprus dropped to 1.0 per cent in December, down from 1.6 per cent in November, while a year earlier the same rate was -0.4 per cent, Eurostat said on Thursday.

Meanwhile, the euro area annual inflation rate was 1.6 per cent in December 2018, down from 1.9 per cent in November. A year earlier, the rate was 1.4 per cent. European Union annual inflation was 1.7 per cent in December 2018, down from 2.0 per cent in November. A year earlier, the rate was 1.7 per cent.

The lowest annual rates were registered in Greece and Portugal (both 0.6 per cent) and Denmark (0.7 cent). The highest...


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Article automatically added to our system on Thursday, January 17, 2019

Inflation dropped in December


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