Cyprus Consumer Prices Drop Further In September

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Friday, the Statistical Service of the Republic of Cyprus announced that the consumer price index or CPI dropped 1.2% year-on-year in September, compared to the 1% fall in the previous month. A year ago, consumer price inflation was 5.3%.

Food and non-alcoholic beverages prices fell 2.87% on an annual basis in September, while clothing and footwear prices dropped 5.78%. Transport charges were down 7.44%.

On a monthly basis, the CPI climbed 1% in September.

For the January to September period, the CPI increased 0.1% compared to the same period of the previous year.

Friday, the Statistical Service of the Republic of Cyprus announced that the consumer price index or CPI dropped 1.2% year-on-year in September, compared to the 1% fall in the previous month. A year ago, consumer price inflation was 5.3%. (Market News Provided by RTTNews)