Economy category powered by

Harmonised Index of Consumer Prices up 2.9% in January

07:58 - 25 February 2025

Economy Reporter

The Harmonised Index of Consumer Prices (HICP) rose by 2.9% between January 2024 and January 2025, and decreased by 1.4% in the month between December 2024 and January 2025, according to data published by CySTAT.

Compared to January 2024, the categories Recreation and Culture (7.5%), Food and Non-Alcoholic Beverages (5.3%) and Restaurants and Hotels (4.8%) showed the largest positive changes.

In comparison to December 2024, the largest decreases were recorded in the categories Clothing and Footwear (13.7%) and Food and Non-Alcoholic Beverages (1.6%).

The largest changes in economic categories compared to January 2024 were observed in the categories of Food-Alcoholic Beverages-Tobacco (4.3%) and Services (4.2%), while compared to the previous month, the largest change was observed in the category of Non Energy Industrial Goods (4%).

(Source: CNA)

News Feed

Read More

CSC honours teachers participating in the 'Adopt a Ship' Educational Programme
Minthis Music Festival 2025 bringing top-calibre international artists to Cyprus
The Finals of the 1st Corporate Padel Tournament begin today
Association of Large Investment Projects: Reforms for a resilient economy, let's capitalise on positive developments
Parliament green lights €100m for 'haircut' depositors and bondholders
Economic sentiment in Cyprus deteriorated in June 2025, according to survey
Cyprus proposes suspending or cancelling certain taxations, President says ahead of EUCO
Cyprus Shipping Chamber welcomes entry into force of Hong Kong International Convention on Ship Recycling
Αgriculture Minister in the Netherlands to enhance bilateral cooperation
Law Office heads discuss rule of law issues with EU Commissioner McGrath