Inflation increased in July by 4%, the Statistical Service of Cyprus says

Inflation increased in July by 4%, the Statistical Service of Cyprus says.

According to a press release, in July 2021, the Consumer Price Index increased by 0,11 units and reached 102,50 units compared to 102,39 units in June 2021. In July 2021, the inflation increased by 4,0%.

For the period January-July 2021, the CPI increased by 1,0% compared to the corresponding period of the previous year.

As regards the economic origin, the largest changes when compared to the index of July 2020 were recorded in Electricity (33,9%) and Petroleum products (19,9%). In comparison to the index of the previous month, the largest change was monitored in Agricultural goods (4,9%).

Compared to July 2020, the largest changes were monitored in the categories Housing, Water, Electricity, Gas and Other Fuels (12,7%) and Transport (10,1%).

Source: Cyprus News Agency