articles | 22 June 2015

Annual inflation steady in May 2015

Cyprus annual inflation remained steady in May 2015 at -1,7%, compared to April 2015, while Euro area annual inflation was 0.3% in May 2015 , up from 0.0% in April.

In May 2014 the rate was 0.5%. European Union annual inflation was also 0.3% in May 2015, up from 0.0% in April. A year earlier the rate was 0.6%. These figures come from Eurostat, the statistical office of the European Union.

In May 2015, negative annual rates were observed in eight Member States.

The lowest annual rates were registered in Cyprus (-1.7%), Greece (-1.4%) and Slovenia (-0.8%). The highest annual rates were recorded in Romania and Malta (both 1.3%) and Latvia (1.2%). Compared with April 2015, annual inflation fell in two Member States, remained stable in three and rose in twenty-three.

Source: Famagusta Gazette

Cooperation Partners
  • Logo for Cyprus Shipping Chamber
  • Logo for CYFA Cyprus
  • Logo for Cyprus International Businesses Association
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Invest Cyprus
  • Logo for Cyprus Investment Funds Association
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Love Cyprus Deputy Ministry of Tourism
  • Logo for Association of Cyprus Banks