Inflation in Cyprus rose to 3.7% in September 2026, while the Consumer Price Index (CPI) increased by 0.74% month-on-month, reaching 104.01 points from 103.25 points in August, according to data released by the Statistical Service on Thursday.
For the January-September 2026 period, the CPI increased by 2.26% compared with the corresponding period of 2025.
On an annual basis, the largest increases were recorded in petroleum products, at 25.8%, and electricity and water, at 11.2%. Industrial products, excluding petroleum products, recorded a decrease of 1.1%.
By category of goods and services, the largest annual increases were recorded in transport, at 11.9%, and housing, water, electricity, gas and other fuels, at 9.6%. Prices for clothing and footwear decreased by 10.8%.
Compared with August, the largest monthly increase was recorded in housing, water, electricity, gas and other fuels, at 3.0%, followed by education services, at 1.8%, and food and non-alcoholic beverages, at 1.3%. Transport prices decreased by 0.8%.
At the level of individual products and services, leisure services had the largest positive impact on the annual change in the CPI, at 2.97 percentage points, followed by catering services at 2.82 points and rents at 1.56 points.
The largest negative impacts came from mobile communication services, at -1.53 points, insurance, at -1.13 points, and pharmaceutical products, at -0.94 points.
In September compared with August, fuels and lubricants had the largest positive impact on the CPI, at 0.34 points, followed by electricity at 0.24 points and vegetables at 0.23 points. Passenger air transport had the largest negative impact, at -0.48 points.