Northern Cyprus October cost of living index rises 1.07%

Northern Cyprus October cost of living index rises 1.07%
Photo: Yenidüzen

The Statistics Institute of the Turkish Republic of Northern Cyprus (TRNC) announced that the cost of living index rose 1.07 percent in October. According to data published by the institute, the change was 29.52 percent compared with December of the previous year and 34.99 percent compared with October of last year.

Among the main spending groups, the largest monthly increase was 14.09 percent, recorded in clothing and footwear. Communications rose 4.20 percent, food and non-alcoholic beverages 2.72 percent, and transport 2.68 percent. Restaurants and hotels recorded a 6 percent price decline.

Average prices rose for 431 item types covered by the index, while prices fell for 133 item types. The largest increases were for cucumbers at 84.22 percent, while school service fees and national lottery tickets each rose 50 percent. The biggest declines were for pomegranates at 58.18 percent, lemons at 40.34 percent and lettuce at 35.31 percent.

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This story was automatically summarised and translated from Yenidüzen. All rights to the story belong to its source.

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