Cyprus Inflation Rate

Last Release

Jan 31, 2026

Actual

0.5

Units In

-0.5

Frequency

Monthly

Next Release

Mar 05, 2026

Time to Release

26 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
18.75 Jul 1951	-3.59 Oct 1961	3.65 %	1951-2026	Statistical Service of the Republic of Cyprus

In Cyprus, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (16.2 percent of total weight). Transport accounts for 15.2 percent; Housing and Utilities for 12.3 percent; Miscellaneous Goods and Services for 8.8 percent; Clothing and Footwear for 8.5 percent and Restaurants and Hotels for 8.4 percent. Furniture, Household Goods and Maintenance; Health; Recreation and Culture; Communication; Education and Alcoholic beverages and Tobacco account for the remaining 30.6 percent of total weight.

Latest Updates

Consumer prices in Cyprus rose by 0.5% year-on-year in January 2026, marking a rebound after eight consecutive months of deflation and following a 0.5% decline in December 2025. The increase was mainly driven by higher prices for food (up 3.01% vs. -2.93%), furnishings (0.4% vs. -0.23%), recreation and culture (3.17% vs. 2.20%), and education (3.71% vs. 3.45%). Meanwhile, inflation eased for restaurants and hotels (4.79% vs. 4.92%), health (0.79% vs. 1.12%), and non-alcoholic beverages and tobacco (0.75% vs. 1.04%). In contrast, price growth turned negative for communication (-1.97% vs. 0.54%), while deflation persisted in transports (-2.45% vs. -0.85%) and eased for housing and utilities (-0.65% vs. -1.65%) as well as clothing and footwear (-7.02% vs. -7.93%). On a monthly basis, consumer prices fell by 0.3%, following a 0.13% increase in the previous month.