{"id":108642,"date":"2025-01-07T11:14:05","date_gmt":"2025-01-07T09:14:05","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=108642"},"modified":"2025-01-07T11:14:05","modified_gmt":"2025-01-07T09:14:05","slug":"inflation-in-cyprus-reaches-1-8-in-2024","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/ru\/inflation-in-cyprus-reaches-1-8-in-2024\/","title":{"rendered":"Inflation in Cyprus Reaches 1.8% in 2024"},"content":{"rendered":"

Inflation in Cyprus was recorded at 1.8% for the year 2024, according to data published by the Statistical Service.<\/p>\n

Yearly Overview<\/strong>
\nThe Consumer Price Index (CPI) for the period January to December 2024 rose by 1.8% compared to the same period in 2023.<\/p>\n

In December 2024, the CPI experienced a slight increase of 0.10 points, reaching 118.31 points from 118.21 points in November. Inflation for December 2024 stood at 2.6%.<\/p>\n

Key Changes in Economic Categories<\/strong>
\nThe most notable fluctuation was observed in Agricultural Goods, which saw significant increases of 16.8% compared to December 2023 and 2.6% compared to the previous month.<\/p>\n

Percentage Changes<\/strong><\/p>\n

\n\tCompared to December 2023:<\/strong><\/p>\n

  • Food and Non-Alcoholic Beverages showed the largest increase (7.6%).\n
  • Restaurants and Hotels followed with a 4.4% rise.\n

    <\/p>\n

    \tCompared to November 2024:<\/strong><\/p>\n

  • Food and Non-Alcoholic Beverages rose by 0.7%.<\/li>\n

    <\/p>\n

    \tFor the Entire Year (January\u2013December 2024):<\/strong><\/p>\n

  • The category Restaurants and Hotels saw the largest annual increase, growing by 5.4%.<\/li>\n

    <\/p>\n

    Significant Impacts on CPI<\/strong><\/p>\n

    <\/p>\n

    \tCompared to December 2023:<\/strong><\/p>\n

  • Food and Non-Alcoholic Beverages contributed the most to the CPI increase (1.69 units), followed by Restaurants and Hotels (0.45 units).<\/li>\n
  • Clothing and Footwear had the most notable negative impact, reducing the CPI by 0.21 units.<\/li>\n

    <\/p>\n

    Month-on-Month (December vs. November 2024):<\/strong><\/p>\n

  • The Food and Non-Alcoholic Beverages category had the largest positive impact (0.16 units).<\/li>\n

    <\/p>\n

    Subcategory Highlights<\/strong><\/p>\n

    <\/p>\n

    \tCompared to December 2023:<\/strong><\/p>\n

  • Fresh Vegetables, Catering Services, and Meat contributed the most to CPI growth, with Fresh Vegetables alone accounting for a 0.90-unit increase.<\/li>\n

    <\/p>\n

    \tCompared to November 2024:<\/strong><\/p>\n

  • Fresh Vegetables had the most significant positive impact (0.58 units), while Potatoes contributed the most substantial negative impact (-0.17 units).<\/li>\n

    Source: Stockwatch Cyprus<\/em><\/p>","protected":false},"excerpt":{"rendered":"

    Inflation in Cyprus was recorded at 1.8% for the year 2024, according to data published by the Statistical Service. Yearly Overview The Consumer Price Index (CPI) for the period January to December 2024 rose by 1.8% compared to the same period in 2023. In December 2024, the CPI experienced a slight increase of 0.10 points, […]<\/p>","protected":false},"author":9,"featured_media":108648,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/108642"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=108642"}],"version-history":[{"count":5,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/108642\/revisions"}],"predecessor-version":[{"id":108647,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/108642\/revisions\/108647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/108648"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=108642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=108642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=108642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}