The annual inflation rate in Cyprus rose to 3.06% in June 2026 from 2.55% in the previous month.
The latest figure marked the highest reading since October 2023, as prices increased in food and non-alcoholic beverages (5.06% vs 2.86% in May), housing utilities (5.60% vs 4.22%), health (1.13% vs 1.12%), recreation and culture (5.25% vs 4.59%).
At the same time, deflation slowed for clothing and footwear (-7.65% vs -8.22%), furnishings and household equipment (-0.98% vs -1.10%), and information and communication (-3.99% vs -4.21%).
Meanwhile, price growth moderated for alcoholic beverages and tobacco (0.95% vs 1.21%), transportation (8.26% vs 9.50%), restaurants and hotels (3.24% vs 3.52%), and miscellaneous goods and services (0.65% vs 0.68%).
On a monthly basis, consumer prices grew by 0.25% in May, following a 0.06% drop in the preceding period.