Economy category powered by

Inflation drops in first half of 2024 compared to previous semester

08:09 - 10 July 2024

Economy Reporter

Inflation in Cyprus saw a decrease by 0.32% in the first half of 2024, excluding consumption tax increases, compared to the previous semester (July – December 2023).

According to the data published by CySTAT, the Consumer Price Index, excluding consumption tax increases, reached 112.41 points in the period January - June 2024, a decrease of 0.32%, compared to the previous period.

Compared to the corresponding half of 2023, inflation, excluding consumption tax increases, recorded an increase of 2.2% in the first half of 2024.

(Source: CNA)

News Feed

Read More

Labour Minister refers to Cypriot positive labour market trajectory at EU Council
F.O.C. Family Office Connect Cyprus officially launches in Limassol (pics)
Cyprus-based expert Sunil Kapoor shares his view of historic Modi visit with leading India news channel
What is tokenization and why Mastercard is phasing out manual card entry
Evgeniou: Indian businesses have received the message that Cyprus is a base for activity in the European market
Plenum votes in one-year extension for the licensing of guesthouses
European Commission welcomes political agreement increasing efficiency of EU capital markets
President Christodoulides visiting Lithuania and Estonia for meetings with counterparts
CBC satisfied with Moneyval assessment of Cyprus' progress on recommendations
Cyprus sees increased passenger flow at airports, Ministry pledges for highest level of safety