Rising fuel and air fares push Cyprus inflation to 3.5 per cent

Cyprus inflation accelerated to 3.5 per cent in August, as rising fuel prices and air fares drove a sharp increase in transport costs, according to figures released on Thursday by the statistical service (Cystat).  The Consumer Price Index (CPI) rose by 0.93 points during the month, reaching 103.25 units compared with 102.32 in July.  This represented a monthly increase of 0.91 per cent, reversing the decline recorded […]