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January 2022 recorded a spike in Cyprus inflation, rising to five.4% on an annual foundation, in keeping with official figures, in step with the development recorded in the remainder of the eurozone.
It’s reminded that in Greece the European Union-harmonized inflation was measured at 5.5% year-on-year final month, in keeping with Eurostat.
On the identical time, the Client Value Index (CPI) within the Republic of Cyprus decreased by 0.53 factors, falling to 104.57, in comparison with 105.10 in December 2021, in keeping with the state’s statistical service (CyStat).
The biggest will increase, when in comparison with the index of January 2021, had been recorded within the classes of electrical energy (up 26.3%) and gasoline merchandise (25.3%). The classes of housing, water, fuel and different kinds of gasoline recorded a 14.1% progress, whereas in transport there was a 13.3% enhance.
The classes of transport, housing, water, electrical energy, fuel and different kinds of gasoline had the biggest impact on the change of the CPI, starting from 1.67 to 1.91 factors.
On a month-to-month foundation the biggest rise was recorded in agricultural items (4.3%) and the most important drop was famous in clothes and footwear (-12.7%).
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