New Eurostat data reveals annual inflation in Cyprus climbed to 4.1% in June 2026, marking a sharp contrast to the broader European Union and euro area, where price pressures actually cooled down during the same period.

Sharp Inflation Spike in Cyprus

Annual inflation in Cyprus rose to 4.1% in June 2026, based on the Harmonised Index of Consumer Prices, according to data published on Friday by Eurostat. According to Eurostat, inflation in Cyprus increased from 3.5% in May to 4.1% in June. On a monthly basis, inflation in Cyprus stood at 0.9% in June.

The 2026 Upward Trajectory

The data show that annual inflation in Cyprus stood at 1.2% in January 2026, 0.9% in February, 1.5% in March, 3.0% in April, 3.5% in May and 4.1% in June.

Divergence from the European Union

At European Union level, annual inflation stood at 2.9% in June 2026, down from 3.3% in May. A year earlier, in June 2025, the rate was 2.3%. In the euro area, annual inflation stood at 2.8% in June, down from 3.2% in May. In June 2025, inflation in the euro area was 2.0%.

Source: CNA(ΚΥΠΕ)