Harmonised inflation at 2.4% in November

08:41 - 20 December 2023

Economy

The Harmonised Index of Consumer Prices (HICP) settled at 2.4% in November, dropping 1.5% from October’s 3.6%.

For January-November however, the HICP rose by 4.1% compared to the same period of last year, Cystat figures show.

The biggest variations compared with November 2022 were observed in goods and services, in the category of Restaurants and Hotels with 7.1%, while housing, water supply, electricity, gas and other fuels rose by an annual 2.5%. The Transport and Communication indexes dropped by an annual 2.6% and 1.5% respectively.

Compared with October, the category of transport declined by 4.5% followed by housing, water supply, electricity and gas by 1.9%

For the period January-November, the largest annual changes were registered in Food and Non-Alcoholic Beverages with 8.4% and Restaurants and Hotels with 6.5%.

Finance Minister points to external and internal risks for economy

CBC calls for caution over the circulation of counterfeit US$100 banknotes in the market

Cyprus mission in Mumbai holds inaugural event

Cyprus and Greece join forces to promote 'European corridors' participation

Government to examine financial measures depending on developments, Finance Minister says

Construction material prices decline marginally in September 2024

Cyprus' nominal GDP exceeded €31 billion in 2023

Minister Panayiotou in Luxembourg for AGRIFISH

Energy Minister participates in 'Mediterranean Offshore Conference' in Egypt

Economist Nikos Vettas: Are we getting the balance right between interest rates, inflation and growth?

Harmonised inflation at 2.4% in November

News Feed

Read More