Petrides says current inflation hike seen as transient
Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as...
inflation
The expert way to avoid prosperity and stability
Failure to learn from economic history condemns the rest of us to its repeat, or worse By Andrew Shouler The world may not yet have...
Inflation remained high in September
The rate of inflation in Cyprus remained high in September – registering at 4.1 per cent – though lower than the 5 per cent of...
ECB policies contributing to ultralow interest rates, inflation and inequalities
Prospects for growth in southern European countries are in jeopardy Following the global recession and the European sovereign debt crisis the ECB adopted a...
Annual inflation in May stood at -1.4% in Cyprus
In May 2020, euro area annual inflation rate was 0.1 per cent, down from 0.3 per cent in April. A year earlier, the rate was...
Inflation dropped in December
Inflation in Cyprus dropped to 1.0 per cent in December, down from 1.6 per cent in November, while a year earlier the same rate was...
Turkey inflation surges to nearly 25 per cent
Turkish inflation surged to nearly 25 percent in September from a year earlier, official data showed on Wednesday, hitting its highest in 15 years and...
Inflation rate hits 2.5%, highest since August 2011
The annual inflation rate rose in August to 2.5 per cent — the highest in seven years — from 2.3 per cent the previous month,...
Turkey’s central bank vows action as inflation surges to 18 pct
Turkey‘s central bank said it would adjust its monetary stance given “significant risks” to price stability, a rare move to calm financial markets after inflation...
July inflation rate at 2.3%, Cystat says
The consumer price index rose 2.3 per cent year-on-year in July mainly on higher energy prices, the statistical service said. Fuel prices rose an annual...
June harmonised inflation seen at 1.7%
The harmonised consumer price index rose in June 1.7 per cent compared to the respective month of 2017 mainly on higher energy prices, the statistical...
June inflation rate accelerates to 2.3%
The annual inflation rose last month to 2.3 per cent from 1.3 per cent the month before mainly on more expensive energy products, the statistical...
Harmonised inflation rate seen at 1% in May, Cystat says
The harmonised consumer price index rose in May an annual 1 per cent compared to a year before mainly on more expensive energy products, the...
Consumer prices fall 0.1% in April
By Stelios Orphanides Consumer prices fell on average 0.1 per cent last month compared to the respective month of 2017, as cheaper products more than...
Harmonised inflation rate seen at 1.5% in January
The harmonised consumer price index dropped 1.5 per cent year-on-year in January, as a drop in the prices in most categories of goods and services...
Inflation seen at -0.7% in January, Cystat says
The consumer price index fell in January 0.7 per cent compared to the respective month of 2017, mainly on cheaper agricultural produce, the statistical service...
November harmonised inflation at 0.2%, Cystat says
The harmonised consumer price index rose an annual 0.2 per cent in November mainly on higher prices for energy and services, the statistical service said....
November inflation reported at 0.3%, Cystat says
Consumer prices rose an annual 0.3 per cent in November as the inflation rate accelerated from October’s 0.1 per cent after it was in the...
September deflation rate at 0.4%
The consumer price index fell an annual 0.4 per cent in September mainly on cheaper vegetables and cleaning products, which offset an increase in energy...
July deflation rate at 0.7%, Cystat says
Consumer prices fell an annual 0.7 per cent in July, mainly on fresh fruit and vegetables, offsetting an increase in electricity prices, the statistical service...