Nicosia, Cyprus. Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases across the euro area and the European Union.
Cyprus monthly and annual changes
Eurostat said industrial producer prices in Cyprus fell by 1.3 per cent in March compared with February 2026, reversing a 0.2 per cent increase in February and following a 0.6 per cent decline in January.
On an annual basis, producer prices in Cyprus decreased by 1 per cent in March 2026 compared with March 2025, after a 0.5 per cent rise in February and a 0.1 per cent drop in January.
Euro area and EU trends
In the euro area, industrial producer prices rose by 3.4 per cent month-on-month in March, while the EU recorded a 3.2 per cent increase, reversing declines observed in February.
Compared with March 2025, producer prices increased by 2.1 per cent in the euro area and by 2.0 per cent in the EU.
Energy drives monthly rise
The monthly rise in the euro area was largely driven by an 11.1 per cent increase in energy prices. Prices rose by 0.7 per cent for intermediate goods, 0.2 per cent for capital goods, 0.2 per cent for durable consumer goods, and 0.3 per cent for non-durable consumer goods, while prices excluding energy increased by 0.5 per cent.
Across the EU, energy prices rose by 10.2 per cent, while intermediate goods increased by 0.8 per cent, capital goods by 0.3 per cent, durable consumer goods by 0.1 per cent, and non-durable consumer goods by 0.3 per cent. Excluding energy, industrial prices in the EU increased by 0.4 per cent.
Largest member-state movements
The highest monthly increases among member states were recorded in Lithuania at 6.9 per cent, Spain at 6.5 per cent, and Italy at 5.9 per cent. The steepest declines were observed in Estonia at 12.3 per cent, Finland at 5.3 per cent, and Bulgaria at 2.5 per cent.
How do changes in industrial producer prices affect your view of inflation in Cyprus?
