Cyprus March HICP inflation unchanged at 2.4 pct

CYPRUS’ harmonised EU inflation reached 2.4 per cent month on month in March, unchanged from February, the statistics department said yesterday.

March’s HICP stood at 124.5 points compared to 124.3 points the previous month.
The rise in the broader Consumer Price Index (CPI), used to measure headline inflation, expanded to 2.89 per cent year on year in March compared to 2.80 in February.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.