Inflation Cyprus 2014
Average inflation: -1.4%
Current Inflation
There is deflation with consumer prices declining by 1.4%.
Peak and Trough
The highest inflation was in November at -0.2%. The lowest inflation was in January at -2.9%.
- Highest month
- November: -0.2%
- Lowest month
- January: -2.9%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 0.2%. The lowest price increase was in Energy with an average of -3.1%.
- Highest increase
- Core inflation: 0.2%
- Lowest increase
- Energy: -3.1%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 1.3%.
- 5-year average
- 1.3%
- 10-year average
- 1.9%
- All-time high (2008)
- 4.7%
- All-time low (2014)
- -1.4%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.0 percentage point.
- Change vs. previous year
- -1.0 percentage points
- Largest monthly swing
- January: -4.7 percentage points
ECB Target
Inflation is 3.4% 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 €98.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | -2.9% | -4.7 |
| February | -2.6% | -4.2 |
| March | -2.3% | -3.4 |
| April | -1.6% | -1.3 |
| May | -1.4% | -0.7 |
| June | -1.2% | -1.3 |
| July | -0.6% | -0.3 |
| August | -0.7% | +0.2 |
| September | -0.9% | +0.1 |
| October | -0.5% | +1.1 |
| November | -0.2% | +1.9 |
| December | -1.5% | +0.8 |
| Average | -1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.