Cyprus faces inflation spike amid Middle East conflict, EU forecasts show

Cyprus enters the economic turbulence caused by the Middle East conflict from a strong position but faces higher inflation and short-term uncertainty, according to the European Commission’s Spring 2026 forecasts. Inflation is projected to rise to 3.6% in 2026 before falling to 2.2%, reflecting a sharp initial increase in international energy prices followed by gradual … Continue reading Cyprus faces inflation spike amid Middle East conflict, EU forecasts show