Cyprus Inflation Rate  1951-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Cyprus went down 0.3 percent year-on-year in December of 2016, following a 1.4 percent fall in the previous month. It was the 42nd straight month of deflation but the lowest since July. Cost fell at a slower pace for transport (-1.4 percent from to -2.9 percent in November) while prices jumped for food and non-alcoholic beverages (+0.7 percent from -3.4 percent) and for housing and utilities (+1.8 percent compared to -0.8). Additional downward pressure came from: clothing and footwear (-3.3 percent from -3 percent), furnishing and equipment (-2.1 percent from -1.7 percent) and communication (-1.4 percent from -0.5 percent). On a monthly basis, consumer prices rose 0.45 percent, compared with 0.1 percent decline in November. Inflation Rate in Cyprus averaged 3.88 percent from 1951 until 2016, reaching an all time high of 18.75 percent in July of 1951 and a record low of -3.59 percent in October of 1961.

Cyprus Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-03 10:00 AM Oct -1.2% -0.5% -0.2%
2016-12-01 10:25 AM Nov -1.4% -1.2% 0.1%
2017-01-05 10:10 AM Dec -0.3% -1.4% -1%
2017-02-02 10:00 AM Jan -0.3% -0.33%
2017-03-02 10:00 AM Feb -0.47%
2017-04-06 09:00 AM Mar -0.51%




Cyprus Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 -1.37 18.75 -3.59 percent [+]
Consumer Price Index CPI 99.61 99.16 105.05 8.07 Index Points [+]
Harmonised Consumer Prices 98.73 98.48 103.48 64.48 Index Points [+]
GDP Deflator 114.35 113.10 121.37 74.60 Index Points [+]
Producer Prices 98.80 98.80 114.10 69.90 Index Points [+]
Cpi Transportation 95.64 95.00 103.94 92.78 Index Points [+]
Food Inflation 0.65 -3.41 12.09 -6.39 percent [+]



Cyprus Inflation Rate Notes

In Cyprus, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (16.2 percent of total weight). Transport accounts for 15.2 percent; Housing and Utilities for 12.3 percent; Miscellaneous Goods and Services for 8.8 percent; Clothing and Footwear for 8.5 percent and Restaurants and Hotels for 8.4 percent. Furniture, Household Goods and Maintenance; Health; Recreation and Culture; Communication; Education and Alcoholic beverages and Tobacco account for the remaining 30.6 percent of total weight. This page provides the latest reported value for - Cyprus Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -1.37 18.75 -3.59 1951 - 2016 percent Monthly



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Malawi 20.00 Dec/16
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