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Cyprus has Europe’s second-lowest inflation rate
October 16, 2020
Cyprus has the EU’s lowest annual inflation rate at -1.9% behind Greece with -2.3% with energy, housing and transport costs falling.
In September the Harmonized Index of Consumer Prices (HICP) decreased by 1.9% from September 2019 while compared to August 2020, the HICP decreased by 0,8%.