Cyprus Mail
Cyprus

December inflation rate seen at 0.3%, Cystat says

Consumer prices dropped an annual 0.3 per cent in December, mainly on cheaper industrial goods and services which offset price increases of energy products and agricultural goods, the statistical service said.

In January to December, the consumer price index dropped 1.4 per cent compared with the respective period of 2015, Cystat said in a statement on its website on Wednesday.

Prices for electricity prices and petroleum products rose in December 4.1 per cent and 2.9 per cent respectively, while agricultural goods rose 1.4 per cent compared with the respective month of 2015, Cystat said. Industrial goods and services became 1.4 per cent and 0.1 per cent more affordable.



Related posts

Paphos municipal pool reopens in time for summer

Bejay Browne

Our View: Government sending out mixed messages on social distancing

CM: Our View

Coronavirus: EU needs to coordinate over measures says minister

Peter Michael

Work of CMP being hampered by decisions in north over checkpoints

Peter Michael

Couple arrested after child shows signs of abuse (update 2)

George Psyllides

Activists call for measures in north after turtles found dead

Evie Andreou