Cyprus annual inflation unchanged at 5.2% in September, Eurostat says
Cyprus' annual inflation stood at 5.2% in September, the same level as in August, according to Eurostat data published on Friday. Month on month, the Harmonised Index of Consumer Prices in Cyprus fell 0.4% in September. The annual rate had climbed steadily from 3.0% in April to 3.5% in May, 4.1% in June, 4.4% in July and 5.2% in August, against 0.0% in September a year earlier. Euro area annual inflation rose to 3.8% in September from 3.2% in August, while across the EU it was also 3.8%, with the lowest rates in Sweden at 1.0% and the highest in Romania at 6.5%.
With Cypriot inflation holding at 5.2% while the euro area average is 3.8%, prices on the island are still rising faster than in most of the currency bloc, so household budgets and everyday costs keep facing sustained pressure.