Cyprus Inflation Slows To 1.5% In August

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,

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