May inflation down by 1.5% in Cyprus

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Cyprus recorded the highest deflation since June 2016 in May 2020. The Consumer Price Index decreased by 0.13 units and reached 99.69 units compared to 99.82 units in April 2020. Compared to May 2019, the CPI decreased by 1.5%. For the period January-May 2020, the CPI increased by 0.1% compared to the corresponding period of the previous year.  Analysis of percentage changes——————————————— Compared to May 2019, the category Transport recorded the largest change with percentage of   -11.1%. In comparison to the CPI of the …

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