In March 2022 the Harmonized Index of Consumer Prices increased by 6.2% compared to March last year while, when compared to the index of February 2022, the HICP increased by 1.8%.
According to the Statistical Service, for the period January – March 2022 the HICP recorded an increase of 5.7% compared to the corresponding period of the previous year.
Compared to March 2021, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (17.2%), Transport (10.0%) and Food and Non-Alcoholic Beverages (10.0%).
Compared to February 2022, the largest change was recorded in Clothing and Footwear with a percentage of 8.5%.
For the period January – March 2022, compared to the corresponding period of the previous year, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (14.9%) and Transport (10.7%).
As regards the economic origin, the largest change when compared both to the index of March 2021 and to the index of the previous month, was observed in Energy with percentages of 28.3% and 4.7% respectively.
Source: Cyprus News Agency