Prices in housing, water and electricity push harmonised inflation to 1.9% in October

The Harmonised Index of Consumer Prices climbed by 1.9% in October 2018, compared with the respective period of last year, due to increases in prices for housing, water, electricity and gas.

According to Cystat, compared with October 2017, the highest positive change was recorded in Energy products with a rise of 16.8%.

Compared to September 2018, harmonised inflation declined by 0.3%. Prices in clothing and footwear increased by 5.2%, while prices in restaurants and hotels declined by 3.9%, marking the highest reduction among the economic categories recorded by Cystat.

For the period from January to October, HICP rose by 0.7% compared with the respective period of 2017.

Source: Cyprus News Agency