Cyprus Inflation rate increases in February

The rate of inflation for February 2010 increased to 2,9% from 2,4% in January 2010 and 0,7% in February 2009.

The Consumer Price Index for February 2010, increased by 0,54 units or 0,49% to 110,92 units compared to 110,38 in January 2010. This is mainly due to increases in the prices of certain fresh vegetables, petroleum products, gas and medical care. Decreases have been recorded in the prices of certain clothing items.

For the period January-February 2010, the CPI recorded an increase of 2,7% compared to the corresponding period of 2009.