Cyprus

Annual inflation rises in Cyprus, the Eurozone and the EU

by fm

16th July 2013

506 views

1 min read

Annual inflation in Cyprus, the Eurozone and the EU went up in June, according to data published on Tuesday by Eurostat.

Cyprus’ inflation was 0.8% in June, up from 0.2% last May.
In Greece, the rate remained unchanged, at -0.3%, while continuing to be negative for a fourth consecutive month.

Euro area annual inflation was 1.6% in June 2013, up from 1.4% in May, while EU annual inflation increased to 1.7% in June 2013, up from 1.6% in May.
EU countries recording the lowest percentages were Greece (-0.3%), Latvia (+0.2%) and Poland (+0.2%). The highest percentage rates were recorded in Romania (+4.5%), Estonia (+4.1%) and the Netherlands (+3.2%).

Price changes on an annual basis (June 2013 to June 2012) in products and services were as follows: fruits +8.7%, vegetables +9%, energy +4.8%, electricity +4.8%, tobacco, food and alcohol +3%, telecommunications -5%, fuels for transportation -0.5%.