Cyprus industrial producer prices index falls in May

Cyprus’ Industrial Producer Prices Index experienced a 2.5 per cent decrease in May 2024 compared to the same month in 2023, according to a report by the state’s statistical service.

For the period from January to May 2024, the index saw a reduction of 3.2 per cent compared to the corresponding period last year.

In May 2024, the Industrial Producer Prices Index reached 122.4 points (base 2021=100), showing an increase of 0.5 per cent compared to April 2024.

Moreover...