Inflation Cyprus 2019
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 January at 2.0%. The lowest inflation was in October at -1.0%.
- Highest month
- January: 2.0%
- Lowest month
- October: -1.0%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 0.6%. The lowest price increase was in Energy with an average of -1.9%.
- Highest increase
- Core inflation: 0.6%
- Lowest increase
- Energy: -1.9%
Historical Context
Current inflation is 0.6% higher than the 5-year average of -0.3%.
- 5-year average
- -0.3%
- 10-year average
- 0.5%
- All-time high (2008)
- 4.7%
- All-time low (2015)
- -2.1%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- September: -4.0 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 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.0% | +2.7 |
| February | 1.2% | +1.5 |
| March | 1.4% | +1.9 |
| April | 1.2% | +1.3 |
| May | 0.2% | -1.1 |
| June | -0.2% | -2.5 |
| July | -0.3% | -2.6 |
| August | -0.7% | -3.2 |
| September | -0.9% | -4.0 |
| October | -1.0% | -4.0 |
| November | -0.5% | -3.2 |
| December | 0.7% | -1.0 |
| Average | 0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.