Cost of food in Cyprus increased 2.86 percent in May of 2026 over the same month in the previous year. Food Inflation in Cyprus averaged 2.27 percent from 2007 until 2026, reaching an all time high of 15.46 percent in November of 2022 and a record low of -6.39 percent in March of 2016. source: Statistical Service of the Republic of Cyprus
Food Inflation in Cyprus is expected to be 7.40 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 4.50 percent in 2027 and 2.80 percent in 2028, according to our econometric models.