Cyprus -0.8% inflation rate third lowest in EU

1 day ago Financial Mirror FinancialMirror Cool

Cyprus -0.8% inflation rate third lowest in EU

At -0.8% Cyprus had the third-lowest annual inflation rate in the European Union in January behind Greece (-2.4%), Slovenia (-0.9%), data showed on Tuesday.

Cyprus’ Harmonized Index of Consumer Prices declined 0.8% in January, remaining in negative territory for 10 consecutive months, according to the Statistical Service of Cyprus (CyStat).

The HCIP in January 2021 amounted to 98.41 units compared with 99.24 in December 2020 marking a reduction of -0.8% both monthly and annually.

Compared to January 2020, the category of Housing, Water,...

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Cyprus -0.8% inflation rate third lowest in EU

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