November inflation reported at 0.3%, Cystat says

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By Stelios Orphanides

Consumer prices rose an annual 0.3 per cent in November as the inflation rate accelerated from October’s 0.1 per cent after it was in the negative area in August and September, the statistical service said.

The increase in consumer prices last month was mainly on more expensive vegetables, fuel, electricity and car repairs and maintenance, Cystat said in a statement on its website on Thursday. More affordable potatoes, cleaning and maintenance products, soft drinks and other goods and services partly offset the increase.

In January to November, consumer prices rose 0.6 per cent compared to the respective period last year, Cystat said.

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About Author

Stelios Orphanides is a journalist at CyprusBusinessMail.com. To contact Stelios Orphanides: [email protected]cyprus-mail.com

  • AnalogMind

    0.6% inflation for the 11 month period is nothing. Compare this to non-EU country to the north with 14% inflation.

  • Douglas

    Christmas con 🙂