Harmonised inflation accelerates in May

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Cyprus Harmonised Index of Consumer Prices (HICP) accelerated in May to 1.5% compared with the respective month of last year, marking the third month in positive territory. According to data released by the Statistical Service of Cyprus (Cystat) compared the previous month of 2021, the HICP increased by 0.4%. For the period January – May 2021 the HICP recorded an increase of 0.3% compared to the corresponding period of the previous year, Cystat added. Compared to May 2020, the largest changes were noted …

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