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Harmonised inflation up by 3% on an annual basis in Cyprus

The Harmonised Price Index of Consumer Prices rose by 3.0% on an annual basis in Cyprus.

According to CySTAT, the HICP rose by 3.0% between May 2023 and May 2024, and increased by 1.2% in the month between April 2024 and May 2024.

For the period January – May 2024, the HICP rose by 2.2% compared to the corresponding period of the previous year.

(Source: CNA)

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