Annual harmonized inflation in Cyprus was down at 3.1% in January 2012 compared to 4.2% in December 2011, Eurostat data published.
Eurozone average inflation was down to 2.6% in the eurozone compared to 2.7% in December 2011 and to 2.9% in the EU compared to 3% in December 2011.
Ireland (1.3%) and Malta (1.5%) recorded the lowest inflation in December whilst Estonia (4.7%) and Slovakia (4.1%) recorded the highest.
Products and services recorded price variation on an annual basis where energy +11.7%, tobacco and spirits +3.5%, transport +5.4%, housing +4.9%, restaurants and hotels +1.9%, education +1.5%, health 1.7%, household equipment +1.2%, clothing +0.6%, nutritional products +0.6% and telecommunications -1.4%.