
Harmonised inflation in Cyprus increased by 2.3 per cent in 2024 compared to 2023, according to a report released this week from the state’s statistical service.
The category of restaurants and hotels saw the highest annual change, with a 5.5 per cent increase.
In December 2024, harmonised inflation registered the highest year-on-year growth in 12 months, rising by 3.1 per cent compared to December 2023.
However, on a month-on-month basis,