FOREX TradingCharts.com

Financial News: Cyprus Consumer Price Inflation At 6-month High

Cyprus Consumer Price Inflation At 6-month High

01/02/2025 - 09:12:00 (RTTNews)

(RTTNews) - Consumer price inflation in Cyprus accelerated sharply in December to its highest level in six months driven mainly by food prices, preliminary data from the statistical office showed Thursday.

The consumer price index rose 2.6 percent year-on-year following a 1.5 percent increase in the previous month. The inflation rate was the highest since June, when it was 2.9 percent.

The food and non-alcoholic beverages component registered a 7.58 percent increase, and this was followed by a 4.37 percent climb in prices in restaurants and hotels.

<a href=https://www.rttnews.com/3500024/cyprus-producer-prices-continue-to-fall.aspx target=_blank >Cyprus Producer Prices Continue To Fall</a> <a href=https://www.rttnews.com/3499845/cyprus-industrial-output-grows-2-0-in-october.aspx target=_blank >Cyprus Industrial Output Grows 2.0% In October</a>

Prices in the clothing and footwear group decreased 2.64 percent, thus having the biggest negative impact on the CPI.

Consumer prices edged up 0.1 percent from the previous month.

Inflation was 1.81 percent for the full year 2024, which was much lower than the 3.53 percent logged in the previous year. Yearly inflation was the lowest in four years.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea Rate Decision On Tap For Tuesday (04 hr(s), 32 min(s), 50 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Slovenia Business Confidence Improves Slightly (06 hr(s), 57 min(s), 50 sec(s) ago)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story»

Cyprus HICP Inflation Slows In January (07 hr(s), 42 min(s), 50 sec(s) ago)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story»

Two-Year Note Auction Attracts Below Average Demand (08 hr(s), 54 min(s), 50 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»

Belgium Business Confidence Improves Slightly (12 hr(s), 30 min(s), 50 sec(s) ago)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story»

Malta HICP Inflation Remains Stable At 1.8% (13 hr(s), 06 min(s), 50 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady at the start of the year after easing ...Full Story»

Latvian Jobless Rate Rises In Q4 (13 hr(s), 37 min(s), 50 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased slightly in the final quarter of 2024 after f ...Full Story»

Poland Retail Sales Expand Most In 8 Months (14 hr(s), 49 min(s), 50 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated to the highest level in eight months in J ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Rate Decision On Tap For Tuesday

02/24/2025 - 17:31 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story>>

Slovenia Business Confidence Improves Slightly

02/24/2025 - 15:06 PM (RTTNews)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story>>

Cyprus HICP Inflation Slows In January

02/24/2025 - 14:21 PM (RTTNews)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story>>

Two-Year Note Auction Attracts Below Average Demand

02/24/2025 - 13:09 PM (RTTNews)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story>>

Belgium Business Confidence Improves Slightly

02/24/2025 - 09:33 AM (RTTNews)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.