Harmonised consumer price index seen at -0.3% in April

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By Stelios Orphanides

The harmonised consumer price index dropped in April 0.3 per cent compared to the respective month of 2017 mainly on cheaper industrial products, the statistical service said.

In January to April, the annual harmonised inflation rate was minus 0.6 per cent, Cystat said in a statement on its website on Wednesday.

Compared to March, prices for consumers and tourists in Cyprus rose 1.1 per cent in April, Cystat said.

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About Author

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

  • Kevin Ingham

    Put quite simply we are talking about deflation (and no healthy economy suffers from that)

  • Mist

    It looks like a nice load of imported Indian/Laos/Vietnamese/Cambodia tat in the photo.

    • peemdubya

      That is no way to describe those tourists’ clothes….LOL!!!