Cyprus inflation climbs to 3.5% in September

The consumer price inflation rate climbed for the fifth straight month in September, reaching 3.5%, compared with 3.2% in August and 2.6% in July.
This is much higher than the 1.8% estimated for the whole of the eurozone.
Compared with the previous month, the consumer price index increased by 1.29%.
The Statistical Service said that this was mainly owing to increases in the prices of certain clothing and footwear items, fresh vegetables and fruit, fresh meat and tuition fees of private educational institutions and part-time education coaching centres.
Compared with the year earlier, the highest increase was recorded in prices of food and beverages, which were up 7.1% compared with September 2009.
A Eurostat survey showed that in 2009 Cyprus had the highest prices for milk, cheese and eggs in the EU.
For the period January-September 2010, the CPI recorded an increase of 2.6% compared to the corresponding period of 2009.