Inflation Cyprus 2006
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in June at 3.2%. The lowest inflation was in November at 1.1%.
- Highest month
- June: 3.2%
- Lowest month
- November: 1.1%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 9.4%. The lowest price increase was in Core inflation with an average of 0.8%.
- Highest increase
- Energy: 9.4%
- Lowest increase
- Core inflation: 0.8%
Historical Context
Current inflation is 0.5% lower than the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 2.7%
- All-time high (2003)
- 4.1%
- All-time low (2001)
- 2%
Trend
Inflation has remained relatively stable. Compared to 2005, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- October: -1.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 2.4% | -0.5 |
| February | 2.5% | -0.3 |
| March | 3.0% | +0.1 |
| April | 2.9% | -0.2 |
| May | 3.0% | +0.6 |
| June | 3.2% | +1.5 |
| July | 2.6% | +0.7 |
| August | 2.4% | +0.3 |
| September | 1.8% | -1.1 |
| October | 1.2% | -1.9 |
| November | 1.1% | -1.8 |
| December | 1.6% | -0.4 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.