Cyprus’ industrial producer prices index drops 2.4 per cent in June

Cyprus’ Industrial Producer Prices Index (PPI) decreased by 2.4 per cent year-on-year in June 2024, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat).

The index, which stood at 122.4 points, with 2021 acting as the base year set at 100 points, saw a decline of 0.1 per cent from May 2024.

Over the period from January to June 2024, the index fell by 3.1 per cent compared to the corresponding period in 2023.

In June 2024, the electricity...