Cyprus Mail
BusinessCyprus

Harmonised inflation rose to over 9 per cent in June

cyprus business now inflation supermarket

Harmonised inflation rose to 9.1 per cent in Cyprus in June compared with June last year, marking a new historic record, pushed by the soaring prices in energy.

According to a flash estimate issued by Eurostat, annual inflation in the Eurozone amounted to 8.6 per cent in June from 8.1 per cent the previous month.

As regards the components, energy rose to 41.9 per cent followed by food and tobacco with 8.9 per cent, non-energy industrial products with 4.3 per cent while inflation in services declined marginally to 3.4 per cent (compared with 3.5 per cent in May).

According to Eurostat, core inflation (excluding energy and unprocessed food) amounted to 4.6 per cent from 4.4 per cent in May, while excluding energy, food and tobacco it amounted to 3.7 per cent from 3.8 per cent in May.

Related Posts

Smile time: Cyprus Mail’s May cartoons

CyprusMail

We have much still to do, says minister on Gesy anniversary

Gina Agapiou

Limassol aspires to become regional port of choice, says new CEO

Kyriacos Nicolaou

TMS Network (TMSN) leaves Solana (SOL) and Aave (AAVE) gasping as it consumes Crypto market

CM Guest Columnist

Suspended one-year sentence for former bishop

Andria Kades

Teen’s family accuse police of lying 11 years after his death

Andria Kades