Consumer prices in Cyprus fell 0.06% month-on-month in May 2026, reversing from a four-year high of 1.71% in the previous month. Inflation Rate MoM in Cyprus averaged 0.22 percent from 1982 until 2026, reaching an all time high of 3.41 percent in September of 1994 and a record low of -2.48 percent in February of 1995. source: Statistical Service of the Republic of Cyprus

Inflation Rate MoM in Cyprus is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Inflation Rate MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-07 09:00 AM
Inflation Rate MoM
Apr 1.71% 1.21% 0.7%
2026-06-04 09:00 AM
Inflation Rate MoM
May -0.06% 1.71% 1.0%
2026-07-02 09:00 AM
Inflation Rate MoM
Jun -0.06% -0.3%



Components Last Previous Unit Reference
Harmonised Inflation Rate MoM 2.20 1.10 percent Apr 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 102.74 102.80 points May 2026
CPI Housing Utilities 103.42 101.64 points May 2026
CPI Transportation 107.63 108.87 points May 2026
Food Inflation 2.86 4.76 percent May 2026
GDP Deflator 120.99 121.56 points Mar 2026
Harmonised Consumer Prices 103.64 102.68 points May 2026
Harmonised Inflation Rate YoY 3.70 3.00 percent May 2026
Inflation Rate YoY 2.55 2.83 percent May 2026
Inflation Rate MoM -0.06 1.71 percent May 2026
Producer Prices 121.70 121.30 points Apr 2026


Cyprus Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
-0.06 1.71 3.41 -2.48 1982 - 2026 percent Monthly