RTTNews - Friday, the Statistical Service of the Republic of Cyprus announced that the harmonized index of consumer prices or HICP rose 0.5% year-over-year in May, slower than the 0.6% increase in the previous month. A year earlier, the HICP had grown 4.6%.

During the January to May period, the HICP increased 0.7% compared to the same period of the previous year.

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