June Inflation in Cyprus Reaches 3%
According to the European Statistical Agency, Eurostat, June inflation in Cyprus reached 3%.
Annual inflation in the Eurozone in June 2024 was 2.5%. Compared to May, the consumer price index increased by 0.2%.
In the 27 countries of the Eurozone, the annual price growth in June was 2.6%, following a 2.7% increase the previous month.
Annual inflation slowed in 17 EU countries and accelerated in 9 (in Cyprus, it remained unchanged).
The lowest inflation rates were recorded in Finland (0.5%), Italy (0.9%), and Lithuania (1.0%). The highest rates were observed in Belgium (5.4%), Romania (5.3%), and Spain and Hungary (3.6%). Cyprus ranked among the top ten countries with the highest inflation in the EU.
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