Cliff on the ocean in Cyprus

Cyprus Inflation August 2019

Cyprus: Consumer prices, on an annual basis, decline for the third successive month in August

Consumer prices rose 0.3% from the previous month in August, contrasting July’s 1.3% month-on-month decline. According to the Statistical Service of Cyprus (CYSTAT), August’s rebound was largely driven by higher prices for food and non-alcoholic beverages, and clothing and footwear.

Consumer prices, on an annual basis, slipped 0.7% in August, more sharply than the 0.3% dip logged in July and marking the third consecutive month of falling prices. Meanwhile, annual average inflation edged down to 1.3% in August from 1.5% in the previous month. Lastly, harmonized inflation for July—the latest month for which data is available—came in at 0.1%, down from 0.3% in June.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest