The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices.
According to data published by the Statistical Service on Tuesday, when compared to the index of May 2022, the HICP increased by 1.2%. For the period January – June 2022 the HICP recorded an increase of 7.3% compared to the corresponding period of the previous year.
Compared to June 2021, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels, that increased by 23%, Transport by 20% and Food and Non-Alcoholic Beverages by 8.2%. Compared to May 2022, the largest change was recorded in category Transport that increased by 4.6%.
As regards the economic origin, the largest change when compared both to the index of June 2021 and to the index of the previous month, was observed in Energy with percentages of 43.6% and 7% respectively.
Source: Cyprus News Agency