Cyprus inflation decreased by 1,6% in January

Cyprus inflation for January 2014, as measured by the Harmonized Index of Consumer Prices (HICP) decreased at a rate of 1,6% according to data released today by the Statistical Service.

According to the data, inflation decrease for January was a result of lower prices recorded in Food and non-alcoholic beverages, Housing, water, electricity and gas, Furnishings, household equipment and supplies, health, education, recreation and culture and miscellaneous goods and services.