Analysis of Percentage Changes – Impact on CPI
Inflation in Cyprus increased by 1.5% in August 2024, marking a slowdown from July’s 2.11% rise, according to the Statistical Service of Cyprus. The Consumer Price Index (CPI) for August 2024 increased by 0.37 points, reaching 118.10 compared to 117.73 in July.
For the January-August 2024 period, the CPI recorded an overall increase of 2.0% compared to the same period in 2023. The largest price shifts were seen in agricultural products,
