Inflation in Cyprus
Cyprus - Inflation
Consumer prices, on an annual basis, fall for fourth consecutive month in September
Consumer prices rose 0.6% from the previous month in September, following August’s 0.3% month-on-month increase. According to the Statistical Service of Cyprus (CYSTAT), the reading main reflected a sharp rise in prices for clothing and footwear.
Consumer prices, on an annual basis, fell 0.9% in September, more sharply than the 0.7% slip logged in August and marking the fourth consecutive month of falling prices. Meanwhile, annual average inflation declined to 0.9% in September from 1.3% in the previous month. Lastly, harmonized inflation for August—the latest month for which data is available—came in at 0.6%, up from 0.1% in July.
FocusEconomics panelists project harmonized inflation to average 0.9% in 2019 and 1.4% in 2020.
Cyprus - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.4||-1.4||-2.1||-1.4||0.5|
5 years of economic forecasts for more than 30 economic indicators.
Cyprus Inflation Chart
Source: National Statistical Service and FocusEconomics calculations.
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||69.9||-0.44 %||Sep 04|
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October 3, 2019
Consumer prices rose 0.6% from the previous month in September, following August’s 0.3% month-on-month increase.
September 27, 2019
Industrial production rose 4.1% year-on-year in July, markedly up from June’s revised 0.5% contraction (previously reported: 0.0% year-on-year) and marking the highest reading since February.
September 6, 2019
Annual growth eased to 3.0% in the second quarter, according to detailed national accounts released on 6 September (Q1: +3.2% year-on-year).
September 5, 2019
Consumer prices rose 0.3% from the previous month in August, contrasting July’s 1.3% month-on-month decline.
August 29, 2019
Annual working day-adjusted industrial production was stagnant in June, following the 0.2% expansion logged in May.