Industry prices in 2021 the highest of the past eight years, historic record in December

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The Index of Industrial Output Prices has recorded a 7.5% rise in 2021 compared with 2020, the highest of the last eight years, while only in December 2021 the prices increased by 18.5% compared to the corresponding month of 2020, recording a historic high.In December, according to Cyprus’ Statistical Service, the Index reached 118.3 units (basis 2015 = 100), recording a 0.6% increase compared to November 2021, which is the highest, at least since 2000 when data is available.Between January and …

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