Financial News: Cyprus Consumer Prices Fall 0.9%

Cyprus Consumer Prices Fall 0.9%

08/07/2025 - 08:42:00 (RTTNews)

(RTTNews) - Cyprus' consumer prices decreased for the third straight month in July, preliminary data from the statistical office showed on Thursday.

The consumer price index dropped 0.9 percent year-on-year in July, following a 0.4 percent fall in June.

Among divisions, the annual price decline in food and non-alcoholic beverages deepened 3.02 percent from 0.85 percent. Housing and utility costs fell 2.66 percent, and transport costs were 3.4 percent less expensive compared to last year.

On a monthly basis, consumer prices declined 0.5 percent in July.

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