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

Consumer prices in Cyprus increased 1.7 percent year-on-year in February of 2017, following a 0.5 percent rise in the previous month. It is the highest inflation rate since January 2013, boosted by prices of food and non-alcoholic beverages (3.1 percent vs 0.9 percent in January), transport (3.3 percent vs 1.8 percent), housing and utilities (6.7 percent vs 2.8 percent) and restaurants and hotels (0.5 percent vs 0.6 percent). In addition, prices recovered for clothing and footwear (1.9 percent vs -0.7 percent) and those of miscellaneous goods and services declined at a slower pace (-0.3 percent vs -0.6 percent). On a monthly basis, consumer prices went up 0.4 percent, after dropping 1.1 percent in January. Inflation Rate in Cyprus averaged 3.87 percent from 1951 until 2017, 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)
2017-01-05 10:10 AM Dec -0.3% -1.4% -1%
2017-02-02 10:05 AM Jan 0.5% -0.3% -0.33%
2017-03-02 10:00 AM Feb 1.7% 0.5% 0.9%
2017-04-06 09:00 AM Mar 1.7% 1.35%
2017-05-04 09:00 AM Apr 1.02%
2017-06-01 09:00 AM May 0.95%




Cyprus Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 0.50 18.75 -3.59 percent [+]
Harmonised Consumer Prices 97.99 97.92 103.48 64.48 Index Points [+]
Consumer Price Index CPI 98.87 98.53 105.05 8.07 Index Points [+]
GDP Deflator 113.76 114.35 121.37 74.60 Index Points [+]
Producer Prices 99.20 99.00 114.10 69.90 Index Points [+]
Cpi Transportation 95.86 95.79 103.94 92.78 Index Points [+]
Food Inflation 3.10 0.91 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 0.50 18.75 -3.59 1951 - 2017 percent Monthly



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Malta 1.20 Feb/17
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Republic of the Congo 3.70 Apr/15
Romania 0.20 Feb/17
Russia 4.60 Feb/17
Rwanda 13.40 Feb/17
Sao Tome and Principe 4.90 Feb/17
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Senegal 2.00 Feb/17
Serbia 3.20 Feb/17
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