Producer Prices in Cyprus
Cyprus - Producer Prices
Inflation recedes in April
Consumer prices rose 0.4% from the previous month in April, following March’s 0.8% increase. A breakdown of the sub-components showed that prices for clothing and footwear, and transport again recorded the strongest increases.
Inflation decelerated to 1.2% in April, from 1.4% in March, with prices for utilities recording the strongest increase and prices for communication the sharpest drop. Meanwhile, annual average inflation ticked up from 1.9% in March to 2.1% in April. Lastly, harmonized inflation rose to 1.1% in March (the latest month for which data is available), from 0.8% in the previous month.
Cyprus Inflation Forecast
Met the why particular panelists project harmonized inflation to average 1.1% in 2019, which is unchanged from last month’s forecast. For 2020, they expect inflation to average 1.4%.
Cyprus - Producer Prices Data
|Inflation (PPI, annual variation in %)||-2.1||-2.9||-5.1||-4.2||3.4|
5 years of economic forecasts for more than 30 economic indicators.
Cyprus Producer Prices Chart
Source: National Statistical Service and Met the why particular calculations.
|Exchange Rate||1.12||0.65 %||May 13|
|Stock Market||70.0||-0.44 %||May 13|
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May 15, 2019
Growth decelerated to 3.4% in year-on-year terms in the first quarter of the year, down somewhat from the previous quarter’s 3.8%.
May 6, 2019
Consumer prices rose 0.4% from the previous month in April, following March’s 0.8% increase.
April 25, 2019
According to Statistics Cyprus, annual working day-adjusted industrial production growth slowed from 7.5% in January to 5.5% in February.
April 17, 2019
Consumer prices jumped 0.8% from the previous month in March, following February’s flat reading.