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By Peter Stevenson MEMBERS of Volunteer Doctors Cyprus have treated around 350 people at their free clinic in Nicosia since it opened three months ago, while two more, one in Paphos and one in Polis are due to open today. Limassol also has a free clinic, which was opened only last month, and plans have been drawn ...
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Cyprus Internet Directory [ Inflation falls to lowest level this year ]

Inflation falls to lowest level this year

THE RATE of inflation in Cyprus dropped to 3.43 per cent in November 2008, reaching its lowest level for the current year, from 5.2 per cent in October due mainly to the fall in fuel prices.

According to the figures released yesterday by the Cyprus Statistical Service (CyStat), the Consumer Price Index (CPI) for November 2008 decreased by 1.12 units or 1.0 per cent to 111.43 units, compared to 112.55 in October.

“This was mainly due to decreases in the prices of petrol products, electricity, gas and certain fresh vegetables. Increases have been recorded in the prices of certain clothing and footwear items, potatoes and newspapers,” CyStat said.

The 3.43 per cent figure is the lowest recorded all year, with the tracker stuck above 4.0 per cent since January and hitting a five-year high of 5.63 per cent in July.

For the January to November period, the consumer price index recorded a 4.9 per cent increase compared to the same period a year ago.

(Source: Cyprus Mail)
Copyright © Cyprus Mail 2008 Please contact Cyprus Mail for the copyright terms of this article.

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