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Cyprus Records Second-Lowest Inflation in EU for April – Famagusta Gazette
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Cyprus Records Second-Lowest Inflation in EU for April – Famagusta Gazette
FAMAGUSTA GAZETTE – Cyprus registered the second-lowest inflation rate among European Union countries in April, according to recent Eurostat data. Annual inflation in Cyprus dropped to 1.4% in April, down from 2.1% in March. Economist Tasos Yiasemidis noted that despite the decline, high prices persist, emphasizing that a product’s final cost to consumers is determined by the total price throughout the supply chain.
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