Nicosia, Cyprus. Cyprus recorded an increase in inflation in April 2026, with the annual rate estimated at 3%, according to a flash estimate released by Eurostat. The figure rose from 1.5% in March 2026 and 0.9% in February 2026.
Cyprus inflation trends
Compared with April 2025, when inflation stood at 1.4%, the latest estimate indicates a year-on-year acceleration. On a monthly basis, inflation in Cyprus is estimated at 2.2% for April 2026.
Euro area comparison
Across the euro area, annual inflation is estimated at 3% in April 2026, up from 2.6% in March. The data suggests Cyprus is broadly in line with the wider euro area trend, although the recent pace of increase at national level has been more pronounced.
Key drivers in the euro area
Eurostat said energy prices are expected to be the main driver of inflation across the euro area. “Energy is expected to have the highest annual rate in April at 10.9%, compared with 5.1% in March,” Eurostat said.
Services are projected to record an annual increase of 3%, slightly down from 3.2% in March. Food, alcohol and tobacco are expected to rise by 2.5%, compared with 2.4% in the previous month.
How do you expect rising prices to affect your household budget in the coming months?
