FOREX TradingCharts.com

Financial News: Cyprus Inflation Accelerates Sharply

Cyprus Inflation Accelerates Sharply

05/05/2022 - 11:53:00 (RTTNews)

(RTTNews) - Cyprus' consumer price inflation accelerated for the seventh successive month in April, largely driven by higher costs for utilities and transport, data from the Statistical Service showed on Thursday.

The consumer price index rose 8.8 percent year-on-year in April, following a 7.1 percent increase in March. This was the highest rate of growth since the current trend of rising prices began in April 2021.

Utility costs surged 21.1 percent in April compared to same month last year. Costs for transport registered a sharp rise of 18.0 percent and prices of food and non-alcoholic beverages climbed 11.0 percent.

On a monthly basis, consumer prices rose 2.4 percent in April.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Singapore Industrial Production Rises At Faster Pace (02 min(s), 34 sec(s) ago)
(RTTNews) - Singapore's industrial production increased at a faster pace in April, data from t ...Full Story»

Bank Of Korea Raises Key Rate For Second Straight Time (03 hr(s), 13 min(s), 34 sec(s) ago)
(RTTNews) - The Bank of Korea lifted its key interest rate by a quarter point for the second strai ...Full Story»

European Economics Preview: Italy Business Confidence Data Due (04 hr(s), 13 min(s), 34 sec(s) ago)
(RTTNews) - Business and consumer confidence survey results from Italy are due on Thursday, headli ...Full Story»

South Korea Rate Decision Due On Thursday (13 min(s), 26 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story»

Fed Minutes Hint At More 50 Basis Point Interest Rate Hikes (44 min(s), 26 sec(s) ago)
(RTTNews) - With inflation remaining stubbornly elevated, the minutes of the Federal Reserve's ...Full Story»

Latvia Unemployment Rate Rises In Q1 (30 min(s), 26 sec(s) ago)
(RTTNews) - Latvia's jobless rate increased in the first quarter, after falling in the previou ...Full Story»

Mexico GDP Growth Improves More Than Forecast (07 min(s), 26 sec(s) ago)
(RTTNews) - Mexico's economy expanded at a faster-than-expected pace in the first quarter, pre ...Full Story»

Poland Jobless Rate Falls Further (59 min(s), 26 sec(s) ago)
(RTTNews) - Poland's unemployment rate decreased for the second straight month in April, figur ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Singapore Industrial Production Rises At Faster Pace

05/26/2022 - 06:44 AM (RTTNews)
(RTTNews) - Singapore's industrial production increased at a faster pace in April, data from t ...Full Story>>

Bank Of Korea Raises Key Rate For Second Straight Time

05/26/2022 - 03:33 AM (RTTNews)
(RTTNews) - The Bank of Korea lifted its key interest rate by a quarter point for the second strai ...Full Story>>

European Economics Preview: Italy Business Confidence Data Due

05/26/2022 - 02:33 AM (RTTNews)
(RTTNews) - Business and consumer confidence survey results from Italy are due on Thursday, headli ...Full Story>>

South Korea Rate Decision Due On Thursday

05/25/2022 - 18:00 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story>>

Fed Minutes Hint At More 50 Basis Point Interest Rate Hikes

05/25/2022 - 14:31 PM (RTTNews)
(RTTNews) - With inflation remaining stubbornly elevated, the minutes of the Federal Reserve's ...Full Story>>

Do not sell my personal information

Copyright © 2022. 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.