Nicosia, Cyprus. Cyprus’ annual inflation rose to 0.5% in January 2026, reversing the negative rate recorded in November and December 2025, as agricultural prices increased sharply, according to the consumer protection service’s price observatory.
Price observatory coverage
The observatory presents weighted average prices for 250 basic consumer products sold daily in 400 retail outlets nationwide throughout January, providing a comparative snapshot of prices across supermarkets, bakeries and kiosks.
Inflation data alignment with Cystat
The consumer protection service said the January assessment mirrors data published by the statistical service (Cystat), which showed inflation rising to 0.5%, compared with a negative 0.5% in both November and December 2025.
Annual price changes by category
The strongest annual increase was recorded in agricultural products, which rose by 8.2%. Electricity and water prices fell by 6.5%, and petroleum products declined by 6.1% compared with January 2025.
Monthly changes and food inflation
On a monthly basis, agricultural products increased by 7.9% compared with December 2025, pushing food inflation to 3.5% from 1% the previous month.
Out of 45 basic product categories, 35 recorded increases compared with December, nine posted declines, and bottled water remained unchanged.
Notable product movements
Frozen molluscs and shellfish rose by 31.5% month-on-month and were 22.8% higher than a year earlier.
Fresh vegetables and greens increased by 14% compared with December, while remaining 14.2% lower year-on-year.
Flour rose by 9%, frozen fish by 8.5%, baby food by 5.5%, oil by 5.2%, juices by 4.9%, biscuits by 4%, yogurt by 3.2%, pasta by 3.1%, and rice by 3%. In most cases, annual changes were marginal.
By contrast, sugar recorded the steepest monthly drop, falling by 13.4%, while remaining 4.9% higher than in January 2025.
Which price changes in the January observatory were most noticeable in your everyday shopping?
