Cost of food in Cyprus increased 8.58 percent in May of 2022 over the same month in the previous year. source: Statistical Service of the Republic of Cyprus

Food Inflation in Cyprus averaged 1.71 percent from 2007 until 2022, reaching an all time high of 12.09 percent in October of 2008 and a record low of -6.39 percent in March of 2016. This page provides the latest reported value for - Cyprus Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Food Inflation - values, historical data and charts - was last updated on July of 2022.

Food Inflation in Cyprus is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Food Inflation is projected to trend around 1.70 percent in 2023, according to our econometric models.

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Cyprus Food Inflation

Related Last Previous Unit Reference
Inflation Rate 9.10 8.80 percent May 2022
Consumer Price Index CPI 111.37 110.36 points May 2022
Harmonised Consumer Prices 110.06 109.38 points May 2022
GDP Deflator 107.21 105.43 points Mar 2022
Producer Prices 130.40 123.80 points May 2022
Food Inflation 8.58 11.04 percent May 2022
CPI Transportation 120.11 116.75 points May 2022
CPI Housing Utilities 134.58 132.78 points May 2022
Inflation Rate Mom 0.90 2.39 percent May 2022