inflation

Economy

Electricity prices have more than doubled since 2020, data show

Consumer prices in Cyprus rose by a cumulative 22.12 per cent between September 2020 and September 2026, and electricity...
Economy

Cyprus diesel hits record €1.997 as consumers brace for further fuel price rises

Consumers are watching fuel prices climb with growing concern as their purchasing power shrinks and household budgets come under...
Economy

New energy cost measures head to Cabinet, heating oil in focus

The government is working on new measures to help with rising energy prices, Finance Minister Makis Keravnos said, pointing...
Economy

Cyprus inflation surges to 5.2% in August, second highest in eurozone

Cyprus's annual inflation rate jumped to an estimated 5.2% in August 2026, up from 4.4% in July, according to...
Economy

Cyprus’s 900 million euro surplus expected to buffer inflation impact

Cyprus's fiscal surplus of 900 million euros, equivalent to 2.3 per cent of GDP, is expected to act as...
Economy

Cyprus inflation holds at 4% as eurozone expectations ease

Eurozone consumers expect inflation to ease gradually and economic conditions to improve slightly, but they do not yet feel...
Economy

Holidays a luxury for three in ten Cypriots, data show

Eurostat data show that 27.5% of European Union residents aged 16 and over could not afford a week's annual...
Economy

E-kalathi reveals wide price gaps between supermarkets as inflation continues to bite

Rising inflation, driven by the geostrategic crisis in the Middle East, pushed prices of basic consumer goods higher again...
Economy

Oil surges, stocks fall as Trump says Iran ceasefire no longer exists

Energy markets were on alert after US President Donald Trump said the ceasefire with Iran no longer exists, sending...
Economy

Consumers’ Association calls for wage rises to combat cost-of-living crisis

The Cyprus Consumers' and Quality of Life Association is calling for wage and social benefit increases for low and...
Economy

Economic growth halted due to geopolitical developments

2026 has been characterised by a slowdown in growth, based on new data highlighting the economic outlook for the...
Economy

Why isn’t Cyprus’s cost of living coming down?

Fuel, food and housing costs are keeping inflation high in Cyprus and maintaining pressure on the cost of living,...
Economy

Cyprus inflation hits 4% in June, among EU’s highest

Cyprus recorded one of the highest monthly inflation rates in the European Union in June, according to preliminary data...
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