Economy category powered by
Harmonised Index of Consumer Prices up by 2.3% in 2024
16:15 - 17 January 2025
The Harmonised Index of Consumer Prices (HICP) rose by 3.1% between December 2023 and December 2024, and decreased by 0,3% in the month between November 2024 and December 2024, CySTAT has reported.
It added that for the period January – December 2024, the HICP rose by 2.3% compared to the corresponding period of the previous year.
It is further noted that for the period January – December 2024 compared to the same period the previous year, the largest change was observed in the category Restaurants and Hotels (5.5%).
Compared to December 2023, the categories Recreation and Culture (7.5%), Food and Non-Alcoholic Beverages (7.3%) and Restaurants and Hotels (5.4%) showed the largest positive changes.
In comparison to November 2024, the largest changes were recorded in the categories Food and Non-Alcoholic Beverages (1.0%) and Transport (-1.7%).
The largest changes in economic categories compared to December 2023 were observed in the categories of Food-Alcoholic Beverages-Tobacco (5.9%) and Services (4.5%), while compared to the previous month, the largest change was observed in the category of Services (-0.9%).
(Source: CNA)
News Feed
16 hours, 53 minutes ago Companies
Theocharides: A series of significant regulatory changes will be implemented in 202517 hours, 9 minutes ago Technology
The Digital Assistant's covered topics on gov.cy have been expanded18 hours, 26 minutes ago Companies
AEGEAN carried 1.9 million passengers in the first two months of 2025, a 9% increase18 hours, 47 minutes ago Economy
Soteris Markides: Cyprus' tax reform is necessary and beneficial18 hours, 56 minutes ago Economy
Kyriakos Iordanou: Tax reform is a strategic choice that will determine the course of the economy19 hours, 2 minutes ago Current Affairs
Surveys show public and creators want more events and contemporary culture19 hours, 22 minutes ago Opinion
US crypto policy, the EU’s regulatory response, and Cyprus’ role