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)

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Harmonised Index of Consumer Prices up 2.9% in January

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