Inflation in Cyprus

Cyprus Inflation | Economic News & Forecasts

Cyprus - Inflation

Consumer prices, on an annual basis, fall for fourth consecutive month in September

Consumer prices rose 0.6% from the previous month in September, following August’s 0.3% month-on-month increase. According to the Statistical Service of Cyprus (CYSTAT), the reading main reflected a sharp rise in prices for clothing and footwear.

Consumer prices, on an annual basis, fell 0.9% in September, more sharply than the 0.7% slip logged in August and marking the fourth consecutive month of falling prices. Meanwhile, annual average inflation declined to 0.9% in September from 1.3% in the previous month. Lastly, harmonized inflation for August—the latest month for which data is available—came in at 0.6%, up from 0.1% in July.

FocusEconomics panelists project harmonized inflation to average 0.9% in 2019 and 1.4% in 2020.

Cyprus - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)-0.4  -1.4  -2.1  -1.4  0.5  

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Cyprus Inflation Chart

Cyprus Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: National Statistical Service and FocusEconomics calculations.

Cyprus Facts

Exchange Rate1.100.65 %Sep 04
Stock Market69.9-0.44 %Sep 04

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