Independent Balkan News Agency

Cyprus' harmonized price index up 0.8% yoy for January-November 2017 period

Cyprus' harmonized price index up 0.8% yoy for January-November 2017 period
In November 2017, the Harmonized Price Index increased by 0.2% when compared to November 2016, while compared to October of 2017 decreased by 1.2%. For the period January-November 2017 the HICP recorded an increase of 0.8% compared to the corresponding period of the previous year.

Compared to November 2016, the category Transport (2.6%) had the largest positive change while Alcoholic Beverages, Tobacco (-3.2%) had the largest negative change.

In comparison to HICP of October 2017, the largest decrease was recorded in Restaurant and Hotels (-6.3%).

For the period January-November 2017, compared to the corresponding period of the previous year, the largest change was noted in Housing, Water, Electricity, Gas and Other Fuels (6.5%).

As regards to the economic origin, the largest change was observed in Energy with an increase of 3.7% when compared to the index of November 2016./IBNA

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