Inflation Cyprus 2015
Average inflation: -2.1%
Current Inflation
There is deflation with consumer prices declining by 2.1%.
Peak and Trough
The highest inflation was in December at -1.2%. The lowest inflation was in July at -3.0%.
- Highest month
- December: -1.2%
- Lowest month
- July: -3.0%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of -0.1%. The lowest price increase was in Energy with an average of -14.8%.
- Highest increase
- Food: -0.1%
- Lowest increase
- Energy: -14.8%
Historical Context
Current inflation is 2.5% lower than the 5-year average of 0.4%.
- 5-year average
- 0.4%
- 10-year average
- 1.4%
- All-time high (2008)
- 4.7%
- All-time low (2015)
- -2.1%
Trend
Inflation shows a downward trend. Compared to 2014, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- July: -2.4 percentage points
ECB Target
Inflation is 4.1% 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 €97.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -1.3% | +1.6 |
| February | -1.4% | +1.2 |
| March | -1.9% | +0.4 |
| April | -2.1% | -0.5 |
| May | -2.0% | -0.6 |
| June | -2.4% | -1.2 |
| July | -3.0% | -2.4 |
| August | -2.7% | -2.0 |
| September | -2.5% | -1.6 |
| October | -2.5% | -2.0 |
| November | -2.1% | -1.9 |
| December | -1.2% | +0.3 |
| Average | -2.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.