Inflation Cyprus 2018
Average inflation: 1.4%
Current Inflation
Inflation is low at 1.4%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in September at 3.1%. The lowest inflation was in January at -0.7%.
- Highest month
- September: 3.1%
- Lowest month
- January: -0.7%
- Difference
- 3.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 7.9%. The lowest price increase was in Core inflation with an average of 0.1%.
- Highest increase
- Energy: 7.9%
- Lowest increase
- Core inflation: 0.1%
Historical Context
Current inflation is 2.0% higher than the 5-year average of -0.6%.
- 5-year average
- -0.6%
- 10-year average
- 0.5%
- All-time high (2008)
- 4.7%
- All-time low (2015)
- -2.1%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +0.9 percentage point.
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- September: +3.5 percentage points
ECB Target
Inflation is 0.6% 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 €101.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | -0.7% | -1.2 |
| February | -0.3% | -2.0 |
| March | -0.5% | -2.4 |
| April | -0.1% | -2.1 |
| May | 1.3% | +0.2 |
| June | 2.3% | +1.6 |
| July | 2.3% | +3.0 |
| August | 2.5% | +2.7 |
| September | 3.1% | +3.5 |
| October | 3.0% | +2.9 |
| November | 2.7% | +2.4 |
| December | 1.7% | +2.3 |
| Average | 1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.