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Cyprus inflation remains at 0.1 percent in February 2026

The Statistical Service of Cyprus reported that the annual inflation rate remained at 0.1% in February 2026. The Consumer Price Index (CPI) reached 99.86 points, representing a monthly decrease of 0.12% from January 2026. On an annual basis, compared to February 2025, the index rose by only 0.06%. Significant annual price increases were observed in restaurants and accommodation at 4.7%, education at 3.7%, and agricultural products at 4.2%. Conversely, sharp annual declines were recorded in electricity and water at 9.3%, clothing and footwear at 6.8%, and fuels at 7.4%. Monthly price movements showed decreases, primarily driven by vegetables, electricity, and food products. For the first two months of 2026, the cumulative inflation rate stands at 0.29%. The report highlights that service sectors like dining and recreation were the main positive contributors to the index, while gasoline and communication services exerted the strongest downward pressure.

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