Cyprus March inflation unchanged at 1.5% on year

Consumer prices in Cyprus rose 1.5% on the year in March, unchanged from February's rate, the statistics service said Thursday. Food and beverages led the increase with a 5.6% increase, while health and education prices recorded a 5.4% and 4.9% increase, respectively. The transport sector posted a 2.7% decline. On a monthly basis, consumer prices rose 1.2% in March from February, mainly due to higher prices for clothing and footwear following the end of winter sales. Prices for petroleum products, some fresh fruit and poultry also rose, the service said.