The inflation rate remained as a result in the negative area for a second consecutive month, Cystat said in a statement on its website on Thursday. From January to August, consumer prices rose 0.9% compared with the respective period of 2016.
Electricity prices rose last month an annual 12% while fuel prices rose 3.9%, Cystat said. Prices of agricultural produce dropped 8.5% while those of industrial products excluding fuel fell 0.9%. Services became 0.7% less affordable.
Compared with July, prices rose last month 0.5%, Cystat said.
Source: Cyprus Mail