Cyprus inflation holds steady at 3% in June

In June, Cyprus’ annual inflation rate, as measured by the Consumer Price Index (CPI), remained steady at 3 per cent, mirroring the previous month’s figure. Notable price increases were observed in electricity, housing, water supply, and the hospitality sector, particularly in restaurants and hotels.

According to data from the Cyprus Statistical Service (Cystat), the CPI exhibited a 3.0 per cent annual rise in June, coupled with a 0.4 per cent increase from the previous month.

Over the first half of 2024...