Cyprus consumer Price Index increased in August

Increases were recorded in the prices of certain fresh vegetables, fresh fruit, bread and electricity during August 2010, according to an official press release.

Specifically the Consumer Price Index for August 2010 increased by 0,92 units or 0,82% to 112,69 units compared to 111,77 in July 2010.

Decreases have been recorded in the prices of air fares, petroleum products and certain clothing items.

The rate of increase of the Index and therefore the rate of inflation for August 2010 rose to 3,2% compared to 2,6% in July 2010 and a negative rate of inflation of -1,0% in August 2009.

In general, for the period January-August 2010, the CPI recorded an increase of 2,4% compared to the corresponding period of 2009.