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

Slovakia GDP Growth Eases As Estimated (03 hr(s), 24 min(s), 01 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (04 hr(s), 09 min(s), 01 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (04 hr(s), 56 min(s), 01 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (05 hr(s), 01 min(s), 01 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (06 hr(s), 04 min(s), 01 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (06 hr(s), 11 min(s), 01 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (07 hr(s), 15 min(s), 01 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (07 hr(s), 54 min(s), 01 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»