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ECONOMY

Consumer Prices Harmonised Index Up By 3.6% Annually In September, Down By 0.5% Monthly

Consumer Prices Harmonised Index Up By 3.6% Annually In September, Down By 0.5% Monthly

The harmonised index of consumer prices was up annually by 3.6% this September and down by 0.5% on a monthly basis, data released by the Cyprus Statistical Service (CyStat), on Wednesday, show.

A CyStat press release says that in September 2021 the Harmonised Index of Consumer Prices increased by 3.6% when compared to the index of September 2020 while, when compared to the index of August 2021, the HICP decreased by 0.5%.

For the period January - September 2021 the HICP recorded an increase of 1.5% compared to the corresponding period of the previous year.

Compared to September 2020, the greatest changes were recordedin Housing, Water, Electricity, Gas and Other Fuels and Transport with percentages of +15.2% and +12.4% respectively.

Compared to August 2021, the biggest change was recorded in Clothing and Footwear with a percentage of +9.6%.

It adds that for the period January – September 2021, compared to the corresponding period of the previous year, the largest change was noted in Transport (+6.7%).

As regards the economic origin, the largest change when compared to the index of September 2020 was observed in Energy with a percentage of +25.5%, CyStat notes.

When compared to the index of the previous month, the greatest change was recorded in category Non energy industrial goods with a percentage of +3.0%.

Source: CNA

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