The Harmonized Index of Consumer Prices (HICP) rose by 2.1% between February 2023 and February 2024, according to data published by the Statistical Service on Friday.
Compared to February 2023, the largest positive change was noted in Restaurants and Hotels (6.1%). As regards the economic origin, the largest change was recorded in Services (4.2%).
Compared to the previous month, the HICP increased by 0.8%. The largest change was recorded in category Clothing and Footwear (3.4%). As regards the economic origin, the largest change was monitored in the category Food, Alcoholic Beverages and Tobacco (2.2%).
For the period January – February 2024, the HICP rose by 2.1% compared to the corresponding period of the previous year. During this period, the largest changes were noted in Restaurants and Hotels (5.9%) Alcoholic Beverages and Tobacco (3.1%) and Miscellaneous Goods and Services (3%).
Source: Cyprus News Agency
