consumer price index CPI Archives

Euro remains vulnerable after ECB keeps rates steady

The EURUSD pair fell further to 1.0720 Thursday after the European Central Bank decided to hold its Main Refinancing Operations Rate steady at 4.5%. The ECB was widely anticipated to keep its

11th April 2024

Markets/World

Cypriots still grappling with inflation woes

Consumers in Cyprus are still grappling with the lingering effects of previous inflation surges, despite a slowdown in the inflation rate to its lowest level in three years this March. The cost

5th April 2024

Cyprus/Economy

Soft CPI weakens Swiss Franc

The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest

4th April 2024

Markets/World

No fuel to run the economy

Although the latest statistics showed that inflation in Cyprus came in lower than expected, and below the Eurozone target average of 2%, that could justify a cut in interest rates, the situation

10th March 2024

Comment/Cyprus/Editorial

Cyprus inflation up 1.8% in February

The monthly Cyprus consumer price index (CPI) increased by 1.03 points to 114.93 in February, from 113.90 in January, driven mainly by the services sector, with the inflation rate rising by 1.8%

7th March 2024

Cyprus/Economy

HICP up 2.1% y-o-y in January on restaurants, hotels

The Harmonised Index of Consumer Prices (HICP), an indicator of inflation and price stability, rose by 2.1% in Cyprus in January this year, compared to January 2023, and decreased by 1.2% month-on-month

22nd February 2024

Cyprus/Economy

Consumers brace for imminent price hikes

Cyprus soon to feel impact of Red Sea disruptions Market stakeholders warned against early celebrations over a downward trend in inflation, citing that ongoing attacks by Yemen’s Houthi rebels on vessels

20th January 2024

Cyprus/Economy/Maritime

Traders eye inflation reports, OPEC pushes back

By Craig Erlam It’s been a relatively uneventful start to the week, but the next couple of days could be hugely important as the US and UK release inflation figures for October.

13th November 2023

Markets/World

Markets cheer softening US inflation

By Han Tan, Chief Market Analyst at Exinity Group Risk assets pointed to a positive US open after the just-released July CPI and core CPI reports were up 0.2% on the month.

10th August 2023

Markets/World

U.S. core inflation fever breaks in June

By Moody’s Analytics The U.S. disinflationary forces gathered steam in June. The U.S. consumer price index rose 0.2% in June, in line with our below-consensus forecast. This comes on the heels of

17th July 2023

Markets/World