Imported Energy Costs Drive Cyprus Inflation Surge

An economist warns that Cyprus's recent inflation spike is primarily fueled by rising imported energy prices rather than domestic demand or fiscal loosening.

4 Sept, 08:09 — 4 Sept, 08:09

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cyprus-mail6h ago

Imported energy driving Cyprus inflation surge, says economist

Cyprus’ latest rise in inflation is being driven by imported energy costs rather than excessive domestic demand or looser fiscal policy, economist Tassos Yiasemides said, warning that the pressure is gradually spreading through the wider economy. Speaking to the Cyprus News Agenccy (CNA) after the Consumer Price Index reached 3.5 per cent in August, Yiasemides […]

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Imported Energy Costs Drive Cyprus Inflation Surge

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Imported energy driving Cyprus inflation surge, says economist

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