Inflation in Cyprus to drop to 1.6% in March according to Eurostat estimates
07:53 - 04 April 2024
![b_b_inflation](/images/gwVw1n3FrL9m6JV3fP5IZDsocHs=/681369/width-750/2023/05/17/b_b_inflation.jpg)
Annual inflation in Cyprus is expected to be 1.6% in March 2024, down from 2.1% in February, according to a flash estimate from Eurostat.
In the eurozone, annual inflation is expected to be 2.4% in March 2024, down from 2.6% in February.
Looking at the main components of euro area inflation, services is expected to have the highest annual rate in March (4.0%, stable compared with February), followed by food, alcohol & tobacco (2.7%, compared with 3.9% in February), non-energy industrial goods (1.1%, compared with 1.6% in February) and energy (-1.8%, compared with -3.7% in February).
(Source: CNA)