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Cyprus consumer prices rise 5.2 per cent year-on-year in August

Cyprus’ Harmonised Index of Consumer Prices rose by 5.2 per cent annually and 1.5 per cent monthly in August 2026, Cystat said.

Cyprus consumer prices rise 5.2 per cent year-on-year in August
Photo: illustrative photo · Cyprus Inform

Nicosia, Cyprus. Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 5.2 per cent year-on-year in August 2026, according to data released by the Statistical Service of Cyprus (Cystat) on Thursday. The index increased by 1.5 per cent from July, reaching 106.80 points from 105.20.


Annual changes

Restaurants and accommodation services recorded the largest annual increase, rising by 13.3 per cent, followed by transport at 9.8 per cent.

Housing, water, electricity, natural gas and other fuels increased by 6.5 per cent, while recreation, sports and culture rose by 4.4 per cent. Food and non-alcoholic beverages were up 3.8 per cent and educational services increased by 3.2 per cent.

Alcoholic beverages and tobacco rose by 1.4 per cent. Personal care, social protection and miscellaneous goods and services, as well as health, each increased by 0.9 per cent.

Clothing and footwear recorded the sharpest annual decline, falling by 5.5 per cent. Information and communication prices decreased by 1.6 per cent, while furnishings, home decoration, household equipment and routine home maintenance fell by 0.9 per cent.

Monthly changes

Transport recorded the strongest monthly increase between July and August, rising by 5.5 per cent.

Restaurants and accommodation services increased by 2.7 per cent, while recreation, sports and culture rose by 1.2 per cent.

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