Inflation Cyprus 2005

Average inflation: 2.6%

Current Inflation

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in April at 3.1%. The lowest inflation was in June at 1.7%.

Highest month
April: 3.1%
Lowest month
June: 1.7%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 12.8%. The lowest price increase was in Core inflation with an average of 0.8%.

Highest increase
Energy: 12.8%
Lowest increase
Core inflation: 0.8%

Historical Context

Current inflation is around the 5-year average of 2.8%.

5-year average
2.8%
10-year average
2.8%
All-time high (2003)
4.1%
All-time low (2001)
2%

Trend

Inflation shows a downward trend. Compared to 2004, inflation has fallen by +0.3 percentage point.

Change vs. previous year
+0.3 percentage points
Largest monthly swing
April: +2.6 percentage points

ECB Target

Inflation is 0.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2005

Inflation by category

Food
1.6%
-1.0vs avg.
More details →
Energy
12.8%
+10.2vs avg.
More details →
Core inflation
0.8%
-1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2004
January 2.9% +1.1
February 2.8% +0.9
March 2.9% +2.5
April 3.1% +2.6
May 2.4% +0.9
June 1.7% -1.1
July 1.9% -1.4
August 2.1% -1.1
September 2.9% +0.5
October 3.1% +0.6
November 2.9% -0.1
December 2.0% -2.2
Average 2.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also