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Cyprus Inflation June 2019

Cyprus: Consumer prices, on an annual basis, fall in June

Consumer prices rose 0.1% from the previous month in June, matching May’s month-on-month increase. According to the Statistical Service of Cyprus (CYSTAT), June’s outturn largely reflected higher prices for housing, water, electricity, gas and other fuels.

Consumer prices, on an annual basis, fell 0.2% in June, contrasting the 0.2% upturn in May. Sharper falls in prices for food and non-alcoholic beverages, and transport pushed down prices. Meanwhile, annual average inflation edged down from 2.0% in May to 1.8% in June. Lastly, harmonized inflation for May—the latest month for which data is available—came in at 0.2%, down from 1.2% in April.

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