Inflation Rate in Cyprus decreased to -0.40 percent in June from -0.20 percent in May of 2025. This dataset provides the latest reported value for - Cyprus Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Cyprus stood at approximately 2.27 percent. Between 1980 and 2024, the figure dropped by around 11.25 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.27 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Harmonised Inflation Rate YoY in Cyprus increased to 0.50 percent in June from 0.40 percent in May of 2025. This dataset includes a chart with historical data for Cyprus Harmonised Inflation Rate YoY.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Cyprus was 0.48 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 0.42 percent. Compared to a year ago, we see a decrease from the inflation...

Cyprus inflation rate for 2024 was 1.80%, a 1.74% decline from 2023.

<ul style='margin-top:20px;'>

<li>Cyprus inflation rate for 2023 was <strong>3.54%</strong>, a <strong>4.85% decline</strong> from 2022.</li>
<li>Cyprus inflation rate for 2022 was <strong>8.40%</strong>, a <strong>5.95% increase</strong> from 2021.</li>
<li>Cyprus inflation rate for 2021 was <strong>2.45%</strong>, a <strong>3.08% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The Consumer Price Index in Cyprus decreased 0.20 percent in June of 2025 over the previous month. This dataset provides - Cyprus Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Cyprus decreased 0.85 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Cyprus Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, consumer prices (annual %) in Cyprus was reported at 1.8002 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation, monthly percent change in the CPI in Cyprus, June, 2025 The most recent value is 0.42 percent as of June 2025, an increase compared to the previous value of 0.23 percent. Historically, the average for Cyprus from February 1996 to June 2025 is 0.17 percent. The minimum of -3.05 percent was recorded in February 1996, while the maximum of 3.35 percent was reached in March 1997. | TheGlobalEconomy.com

Graph and download economic data for Inflation, consumer prices for Cyprus (FPCPITOTLZGCYP) from 1960 to 2024 about Cyprus, consumer, CPI, inflation, price index, indexes, and price.

In April 2025, the inflation rate for food in Cyprus was at 2.5 percent over the same month of the previous year. Food inflation in Cyprus has fluctuated strongly over the years. Food inflation is reported by the Statistical Service of the Republic of Cyprus.

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Cyprus from February 2018 to January 2019. In December 2018, the inflation rate was one percent compared to the same month in the previous year.

Cyprus CY: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 3.830 % in 2023. This records a decrease from the previous number of 6.689 % for 2022. Cyprus CY: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 3.745 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 14.153 % in 1980 and a record low of -1.338 % in 2014. Cyprus CY: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;

Inflation, GDP deflator: linked series (annual %) in Cyprus was reported at 3.8297 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Liquid fuel price inflation in Cyprus peaked in July 2022, reaching 80.4 percent. In the period of consideration, the inflation rates of various energy commodities in the country have risen significantly, with steep increases from 2021 onwards. However, since the beginning of 2023, energy commodity prices have shown a decrease in the country.

Harmonised Inflation Rate MoM in Cyprus decreased to 0.20 percent in May from 0.70 percent in April of 2025. This dataset includes a chart with historical data for Cyprus Harmonised Inflation Rate MoM.

Key information about Cyprus Core CPI Change

• Cyprus Core CPI Change was reported at 2.366 % in Jan 2025.
• This records a decrease from the previous number of 2.544 % for Dec 2024.
• Cyprus Core CPI Change data is updated monthly, averaging 1.433 % from Jan 1997 to Jan 2025, with 337 observations.
• The data reached an all-time high of 7.343 % in Aug 2022 and a record low of -2.210 % in Aug 2020.
• Cyprus Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

This horizontal bar chart displays inflation (annual %) by region using the aggregation median in Cyprus. The data is filtered where the date is 2021. The data is about countries per year.

As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

This dataset is about countries per year in Cyprus. It has 64 rows. It features 4 columns: country, inflation, and electricity production from oil sources.