Cyprus’s annual harmonised inflation rose to 5.4 per cent in October, up from 5.2 per cent in September and 0.2 per cent in October 2025, according to a Eurostat flash estimate published on Wednesday. That was above the euro zone average, which rose to 4.0 per cent from 3.8 per cent.
Cumulative inflation in Cyprus since October 2022 has reached 11.16 per cent, meaning a basket of goods that cost 100 euros then now costs 111.16 euros. Because each year’s increase compounds on the last, prices that rose by 3.6 per cent from 2022 to 2023, 1.6 per cent from 2023 to 2024 and 0.2 per cent from 2024 to 2025 are now 5.4 per cent higher again.
Lithuania recorded the highest inflation in the euro zone in October at 6.1 per cent, followed by Bulgaria, which joined the euro on 1 January 2026, at 6.0 per cent. Greece and Italy both recorded 5.6 per cent, up from 5.1 per cent and 4.2 per cent respectively in September.
France was close to the euro zone average at 3.8 per cent. Inflation in Germany, Europe’s largest economy, eased to 2.8 per cent from 3.3 per cent in September, while Malta had the lowest rate in the euro zone, at 2.3 per cent.
