Cyprus inflation decreased by 1,6% in January.
According to the Statistical Service, the evolution of the HICP records a negative inflation rate of -1,6% in January 2014 compared with an increase of 2.0% in January 2013.
In December 2013, inflation recorded a decrease of 1.3%.
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.
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|Publication:||Financial Mirror (Cyprus)|
|Date:||Feb 20, 2014|
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