Cyprus inflation rises to 5.2% in August, third highest in euro area

Nicosia, Cyprus. Cyprus recorded the third-highest annual inflation rate in the euro area in August, after Romania and Lithuania, as consumer price growth rose to 5.2 per cent from 4.4 per cent in July, Eurostat said. Prices also rose by 1.5 per cent between July and August, the highest monthly increase in the published data.

Cyprus inflation trend

Cyprus’ annual inflation rate was 0.0 per cent a year earlier. It rose to 1.5 per cent in March, 3.0 per cent in April, 3.5 per cent in May, 4.1 per cent in June, 4.4 per cent in July and 5.2 per cent in August.

Euro area and EU figures

Annual inflation in the euro area reached 3.2 per cent in August, compared with 2.9 per cent in July and 2.0 per cent in August 2025. The monthly inflation rate was 0.4 per cent in August.

Euro area annual inflation had stood at 2.6 per cent in March, 3.0 per cent in April, 3.2 per cent in May, 2.8 per cent in June and 2.9 per cent in July.

EU annual inflation also reached 3.2 per cent in August, up from 3.0 per cent in July and 2.4 per cent a year earlier. The EU monthly inflation rate was 0.4 per cent.

EU annual inflation was 2.8 per cent in March, 3.2 per cent in April, 3.3 per cent in May, 2.9 per cent in June and 3.0 per cent in July.