Financial News: Cyprus Inflation Eases Sharply In April

Cyprus Inflation Eases Sharply In April

05/08/2025 - 09:31:00 (RTTNews)

(RTTNews) - Cyprus' consumer price inflation softened further in April to the lowest level in just over four years amid cheaper utility and transport costs, preliminary data from the statistical office showed on Thursday.

The consumer price index rose 0.2 percent year-on-year in April, slower than the 1.6 percent climb in March.

Further, this was the weakest increase since March 2021, when the index showed a deflation of 0.72 percent.

Transport charges dropped notably by 3.6 percent from last year, and utility costs also logged a renewed decline of 1.4 percent.

On a monthly basis, consumer prices edged up 0.1 percent in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (02 hr(s), 19 min(s), 44 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»

U.S. Labor Productivity Decreases For First Time Since 2022 (02 hr(s), 53 min(s), 44 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing a pullback by U.S. labor pr ...Full Story»

U.S. Weekly Jobless Claims Dip Slightly More Than Expected (02 hr(s), 58 min(s), 44 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits saw a modest decline in the week ende ...Full Story»

Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns (02 hr(s), 59 min(s), 44 sec(s) ago)
(RTTNews) - The Bank of England reduced its interest rate by a quarter-point on Thursday, as polic ...Full Story»

Mexico Inflation Rises To 3.93% (02 hr(s), 57 min(s), 44 sec(s) ago)
(RTTNews) - Mexico's consumer price inflation increased slightly more-than-expected in April, ...Full Story»

Cyprus Inflation Eases Sharply In April (03 hr(s), 31 min(s), 44 sec(s) ago)
(RTTNews) - Cyprus' consumer price inflation softened further in April to the lowest level in ...Full Story»

Iceland Trade Deficit Widens In April (04 hr(s), 04 min(s), 44 sec(s) ago)
(RTTNews) - Iceland's foreign trade deficit increased in April from a year ago, figures from S ...Full Story»

U.S. Labor Productivity Pulls Back More Than Expected In Q1 (04 hr(s), 21 min(s), 44 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing a pullback by U.S. labor pr ...Full Story»