Cyprus: Harmonized Index Of Consumer Prices (HICP): January 2023

The HICP rose by 6,8% between January 2022 and January 2023 and fell by 1,4% in the month between December 2022 and January 2023.

Compared to January 2022, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (18,0%) and Food and Non-Alcoholic Beverages (10,9%).

Compared to December 2022, the largest change was recorded in category Clothing and Footwear (-13,0%).

As regards the economic origin, the largest change when compared to the index of January 2022 was recorded in Energy (16,2%). When compared to the index of the previous month, the largest changes were monitored in category Energy (-3,3%) and Non energy industrial goods (-3,0%).

Source:Cystat

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