Cyprus Mail

Fall in Cyprus prices deepens to 2.1 pct y/y in November

Consumer prices in Cyprus fell 2.1 per cent on the year in November compared to a 1.6 per cent fall a month earlier, data showed on Thursday.

It is the fifth straight month that the Consumer Price Index has been in negative territory.

A breakdown showed sharp yearly drops in the price of electricity and utility bills, education, clothing and healthcare costs, followed by milder declines in the price of food.

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