The Harmonised Index of Consumer Prices climb to a new all-time high in May driven upwards mainly by the continued prices hikes in energy.According to data released by the Statistical Service of...
The latest developments in the Cyprus issue and inflationary pressures will be discussed at a meeting of the National Council, chaired by President of the Republic Nicos Anastasiades, next Thursday,...
03/06/2022
Tackling inflation at a Cypriot and European level requires an immediate and drastic increase in interest rates and targeted fiscal measures that will not worsen it, Marios Zachariadis, Professor of...
31/05/2022
The phenomenon of rising prices is expected to be temporary, as estimated by DBRS, stressing, however, that inflation in Cyprus is expected to remain high for this year, over 4.0%.DBRS Morningstar...
23/05/2022
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine.The new projection was announced during a...
16/03/2022
Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....
24/02/2022
Cyprus` Finance Minister Constantinos Petrides expressed concerns on Saturday over the high inflation in the EU and said that we need to deal with it by using monetary means.Addressing a conference...
21/02/2022
The annual harmonised Index of Consumer Prices (HICP) rate in December 2021 reached 4.8% fueled mainly by energy prices, equaling the respective level of October 2008.According to data released by...
21/01/2022
The Harmonized Index of Consumer Prices increased by 4.7% in November 2021 when compared to the index of November 2020 while, when compared to the index of October 2021, the HICP increased by 0.1%,...
17/12/2021
The annual inflation rate in Cyprus amounted to 4.3% with prices continuing its upward trajectory since March 2020.According to data released on Friday by the Statistical Service of Cyprus (Cystat),...
06/12/2021