Cyprus Inflation Rate

Last Release

Apr 30, 2025

Actual

0.2

Units In

1.59

Frequency

Monthly

Next Release

Jun 05, 2025

Time to Release

25 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
18.75 Jul 1951	-3.59 Oct 1961	3.69 %	1951-2025	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

The annual inflation rate in Cyprus dropped sharply to 0.2% in April 2025, the lowest level in four years, down from 1.6% in March. The main downward pressure came from a significant price drop in transport (-3.6% vs 1.2% in March), and housing and utilities (-1.4% vs 4.2%). Conversely, price increases accelerated in food and non-alcoholic beverages (2.6% vs 2.1%), while the decline in clothing and footwear prices slowed (-7.1% vs -7.8%). On a monthly basis, consumer prices rose by 0.1% in April, matching the rate recorded in the previous month.