Cyprus: Lower inflation with higher potato and veg prices
summary：In November 2015, Cyprus registered a continued negative inflation of -2.1% compared to -2.5% in October, according to data of the Statistical Office....
In November 2015, Cyprus registered a continued negative inflation of -2.1% compared to -2.5% in October, according to data of the Statistical Office. Specifically, the Consumer Price Index for November 2015 increased by 0.05 units or 0.04% and reached 115.16 points, compared to 115.11 in October 2015.This, according to the Statistical Service, is mainly due to increases in the prices of certain fresh vegetables and potatoes. Drops have also been recorded in the prices of some fresh fruits, petroleum products and air fares.
Inflation in November 2015 decreased at a rate of -2.1% compared to -2.5% in October 2015, while inflation in November 2014 was reduced at a rate of -0.2%.
Between January and November 2015, the Index has fallen by -2.2% compared to the same period last year.