ARTICLE
8 March 2023

Harmonized Index Of Consumer Prices (HICP): January 2023

Ki
KPMG in Cyprus

Contributor

KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
Compared to December 2022, the largest change was recorded in category Clothing and Footwear.
Cyprus Energy and Natural Resources

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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