Inflation in Cyprus drops to 1.0% in December 2018 from 1.6% in November

Inflation in Cyprus drops to 1.0% in December 2018, down from 1.6% in November, while a year earlier the same rate was -0.4%, according to Eurostat, the statistical office of the European Union.

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

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


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Inflation in Cyprus drops to 1.0% in December 2018 from 1.6% in November


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