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Inflation in Cyprus returned to negative territory in 2020 as consumer prices were hit by the coronavirus pandemic. According to data released on Thursday by the Statistical Service of Cyprus (Cystat), the Consumer Price Index for the period of January – December marked a reduction of 0.6% compared with the respective period of last year. Inflation in Cyprus has been in negative territory since April 2020. In December 2020, the Consumer Price Index decreased by 0.71 units and reached 100.27 units compared …
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