Inflation Cyprus 2013

Average inflation: -0.4%

Current Inflation

There is deflation with consumer prices declining by 0.4%.

Peak and Trough

The highest inflation was in January at 1.8%. The lowest inflation was in December at -2.3%.

Highest month
January: 1.8%
Lowest month
December: -2.3%
Difference
4.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 0.4%. The lowest price increase was in Energy with an average of -0.3%.

Highest increase
Core inflation: 0.4%
Lowest increase
Energy: -0.3%

Historical Context

Current inflation is 2.0% lower than the 5-year average of 1.6%.

5-year average
1.6%
10-year average
2.2%
All-time high (2008)
4.7%
All-time low (2013)
-0.4%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +2.8 percentage point.

Change vs. previous year
-2.8 percentage points
Largest monthly swing
August: -3.6 percentage points

ECB Target

Inflation is 2.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food
0.2%
+0.6vs avg.
More details →
Energy
-0.3%
+0.1vs avg.
More details →
Core inflation
0.4%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 1.8% -1.3
February 1.6% -1.5
March 1.1% -2.3
April -0.3% -3.4
May -0.7% -3.6
June 0.1% -1.7
July -0.3% -2.5
August -0.9% -3.6
September -1.0% -3.5
October -1.6% -3.3
November -2.1% -3.3
December -2.3% -3.4
Average -0.4%

Data source

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

See also