Inflation Cyprus 2009

Average inflation: 0.3%

Current Inflation

Inflation is very low at 0.3%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 2.0%. The lowest inflation was in September at -1.2%.

Highest month
December: 2.0%
Lowest month
September: -1.2%
Difference
3.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 3.8%. The lowest price increase was in Energy with an average of -15.3%.

Highest increase
Food: 3.8%
Lowest increase
Energy: -15.3%

Historical Context

Current inflation is 2.2% lower than the 5-year average of 2.5%. This approaches the lowest level since records began (0.3% in 2009).

5-year average
2.5%
10-year average
2.6%
All-time high (2008)
4.7%
All-time low (2009)
0.3%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +4.4 percentage point.

Change vs. previous year
-4.4 percentage points
Largest monthly swing
September: -6.5 percentage points

ECB Target

Inflation is 1.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food
3.8%
+3.5vs avg.
More details →
Energy
-15.3%
-15.6vs avg.
More details →
Core inflation
2.2%
+1.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2008
January 1.1% -3.2
February 0.7% -4.2
March 1.1% -3.6
April 0.7% -3.9
May 0.6% -4.3
June 0.2% -5.3
July -0.8% -6.4
August -1.0% -6.4
September -1.2% -6.5
October -0.8% -6.0
November 1.4% -2.0
December 2.0% -0.1
Average 0.3%

Data source

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

See also