Economy category powered by
Harmonised inflation down to 1.6% in September
07:50 - 18 October 2024
The Annual Harmonised Inflation of Consumer Prices (HICP) declined to 1.6% in September from 2.2% in August, driven by the decline in energy prices.
According to data released by CySTAT, HICP in September ammounted to 119.41 units from 119.888 units in August 2024.
For the period January – September 2024, the HICP rose by 2.3% compared to the corresponding period of the previous year.
In terms of economic origin, the largest change was recorded in Energy with an annual reduction of 8% and a fall of 2.9% compared with the previous month of 2024.
Compared to September 2023, the largest positive changes were noted in Recreation and Culture with 7.4% and Restaurants and Hotels 5.7%, CySTAT added.
(Source: CNA)
News Feed
6 hours, 20 minutes ago Companies
Hermes Airports' contract has officially been extended6 hours, 30 minutes ago Economy
Turnover Value Index of Wholesale Trade records 4.6% increase in Q38 hours, 26 minutes ago Companies
Balram Chainrai has "checked-in" to Rodon Hotel, acquiring 2.67% of its shares10 hours, 50 minutes ago Financial Services
Bank of Cyprus announces measures to support the Cypriot economy and its customers12 hours, 18 minutes ago Financial Services
Hellenic Bank announces targeted measures to support society13 hours, 5 minutes ago Companies
Government to extend Hermes Airports contract until 203313 hours, 10 minutes ago Companies
Cyprus taking important step forward in space sector with landmark MoUs, CSEO says