Cyprus & World News

Cyprus inflation decreases by 0.4% in April 2014

06 May, 2014

Inflation for April 2014 decreased at a rate of -0.4%, and -0.,9% for March 2014 while for April 2013 the corresponding rate increased at 0.1%, according to the Statistical Service of the Republic of Cyprus.

As stated in the announcement on the evolution of the Harmonized Index of Consumer Prices (HICP) for April 2014, the highest increase was marked on clothing and footwear (6,1%), on transport (2.6%) and on alcoholic beverages and tobacco (2.5%).

On the other hand, the highest decrease was marked on the category housing, water, electricity and gas (6.1%), on education (4%) and on furnishing, household equipment and supplies.