Introduction
This analysis draws on data published by Eurostat and the Organisation for Economic Co-operation and Development (OECD). All values are updated in real-time, typically on the 18th–20th of each month when data providers publish final figures. We will examine:
- Annual inflation (how prices have changed compared to the same month in the previous year)
- Monthly inflation (price changes compared to the previous month)
- Price level changes relative to 2015 (which provides a better understanding of changes over time)
As inflation represents a long-term structural trend, the annual rate provides the most meaningful indicator of price dynamics.
Overall Inflation
- In December 2025, Cyprus's annual inflation rate amounted to 0.1%, and the monthly rate was -0.4%.
- For comparison, the annual inflation rate was 2.3% in the European Union and 1.9% in the euro area.
- Since 2015, consumer prices in Cyprus have risen by 17.7%, showing the cumulative effect of inflation.
Food
- In December 2025, Cyprus's annual food inflation rate was -2.1%, and the monthly rate was 0.5%.
- For comparison, the annual food inflation rate was 2.8% in the European Union and 2.5% in the euro area.
- Food prices in Cyprus have changed by 25.8% in total since 2015.
Alcohol and Tobacco
- In December 2025, Cyprus recorded an annual alcohol and tobacco inflation rate of 0.9%, and the monthly rate was 0%.
- For comparison, the annual alcohol and tobacco inflation rate was 4% in the European Union and 2.7% in the euro area.
- Since 2015, alcohol and tobacco prices in Cyprus have increased by 2.7%.
Clothing
- In December 2025, Cyprus's annual clothing inflation rate stood at -7.9%, and the monthly rate was -0.2%.
- For comparison, the annual clothing inflation rate was 0.3% in the European Union and 0.3% in the euro area.
- Clothing prices in Cyprus have changed by -3.0% since 2015.
Housing and Utilities
- In December 2025, Cyprus's annual housing and utilities inflation rate was -3.2%, and the monthly rate was -0.4%.
- Across the European Union, the annual housing and utilities inflation rate was 2%, compared with 1.2% in the euro area.
- Since 2015, housing and utilities prices in Cyprus have changed by 40.8% in total.
Household Equipment
- In December 2025, Cyprus's annual household equipment inflation rate amounted to -0.4%, and the monthly rate was 0.1%.
- For comparison, the annual household equipment inflation rate was 0.3% in the European Union and 0.2% in the euro area.
- Household equipment prices in Cyprus have changed by 3.1% since 2015.
Healthcare
- In December 2025, Cyprus's annual healthcare inflation rate stood at 0.9%, and the monthly rate was 0%.
- For comparison, the annual healthcare inflation rate was 2.9% in the European Union and 2.3% in the euro area.
- Healthcare prices in Cyprus have changed by 8.1% since 2015.
Transport
- In December 2025, Cyprus's annual transport inflation rate was -1.5%, and the monthly rate was -1.7%.
- For comparison, the annual transport inflation rate was 1.2% in the European Union and 1.4% in the euro area.
- Transport prices in Cyprus have changed by 7.6% since 2015.
Communications
- In December 2025, Cyprus recorded an annual communications inflation rate of -2%, and the monthly rate was -0.7%.
- For comparison, the annual communications inflation rate was -0.1% in the European Union and -0.9% in the euro area.
- Communications prices in Cyprus have changed by -12.5% since 2015.
Recreation and Culture
- In December 2025, Cyprus's annual recreation and culture inflation rate amounted to 5.1%, and the monthly rate was -0.1%.
- For comparison, the annual recreation and culture inflation rate was 1.5% in the European Union and 1.2% in the euro area.
- Recreation and culture prices in Cyprus have changed by 29.1% since 2015.
Education
- In December 2025, Cyprus's annual education inflation rate was 3.3%, and the monthly rate was 0.2%.
- For comparison, the annual education inflation rate was 4.4% in the European Union and 3.6% in the euro area.
- Education prices in Cyprus have changed by 18.5% since 2015.
Restaurants and Hotels
- In December 2025, Cyprus's annual restaurants and hotels inflation rate stood at 4.4%, and the monthly rate was -0.9%.
- For comparison, the annual restaurants and hotels inflation rate was 4% in the European Union and 3.6% in the euro area.
- Restaurants and hotels prices in Cyprus have changed by 29.8% since 2015.
Energy
- In December 2025, Cyprus recorded an annual energy inflation rate of -5.4%, and the monthly rate was -0.5%.
- For comparison, the annual energy inflation rate was -1.1% in the European Union and -1.9% in the euro area.
- Energy prices in Cyprus have changed by 28.3% since 2015.
Services
- In December 2025, Cyprus's annual services inflation rate amounted to 3.6%, and the monthly rate was -0.8%.
- For comparison, the annual services inflation rate was 3.7% in the European Union and 3.4% in the euro area.
- Services prices in Cyprus have changed by 22.3% since 2015.
Frequently Asked Questions
In December 2025, annual inflation in Cyprus was 0.1%, representing a change of 0 percentage points compared to the previous period.
The current price index (2015=100) shows 117.74 for Cyprus as of December 2025. This means prices have risen significantly since the 2015 baseline year.
Month-over-month price changes in December 2025 were -0.4% in Cyprus.
Inflation in Other Countries
Compare Cyprus's inflation results with other European countries to explore broader regional trends.
Methodology and Data Sources
This analysis utilizes real-time data from Eurostat, processed and visualized through Monitly's analytics platform. All charts and statistics are updated automatically to reflect the latest available information.