Inflation in Cyprus
Cyprus - Inflation
Consumer prices, on an annual basis, fall again in July
Consumer prices declined 1.3% from the previous month in July, contrasting June’s 0.1% month-on-month increase. According to the Statistical Service of Cyprus (CYSTAT), July’s dip was largely attributable to a sharp drop in prices for clothing and footwear.
Consumer prices, on an annual basis, slid 0.3% in July, more sharply than the 0.2% decrease logged in June. Meanwhile, annual average inflation edged down to 1.5% in July from 1.8% in the previous month. Lastly, harmonized inflation for June (the latest month for which data is available), came in at 0.3%, up slightly from 0.2% in May.
FocusEconomics panelists project harmonized inflation to average 1.0% in 2019, which is unchanged from last month’s forecast. For 2020, they expect inflation to average 1.4%.
Cyprus - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | -0.4 | -1.4 | -2.1 | -1.4 | 0.5 |
Cyprus Inflation Chart
Source: National Statistical Service and FocusEconomics calculations.
Cyprus Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.11 | 0.65 % | Jul 31 |
| Stock Market | 70.6 | -0.44 % | Jul 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Cyprus: Growth softens to near four-year low in Q2
August 14, 2019
Annual growth moderated to 3.0% in the second quarter, marking the slowest pace since Q3 2015 (Q1 2019: +3.2% year-on-year).
Cyprus: Consumer prices, on an annual basis, fall again in July
August 5, 2019
Consumer prices declined 1.3% from the previous month in July, contrasting June’s 0.1% month-on-month increase.
Cyprus: Industrial output slows in May
July 30, 2019
Annual working day-adjusted industrial production rose 0.2% in May, following the revised 0.8% expansion logged in April (previously reported: -0.3% year-on-year).
Cyprus: Consumer prices, on an annual basis, fall in June
July 4, 2019
Consumer prices rose 0.1% from the previous month in June, matching May’s month-on-month increase.
Cyprus: Industrial output contracts again in April
June 27, 2019
Annual working day-adjusted industrial production contracted 0.3% in April, following the revised 1.5% fall logged in March (previously reported: -0.7% year-on-year).
© Copyright: 2019 | Cyprus Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
