Inflation in Cyprus Jumps to 3%: Energy and Food Prices Rise Significantly
Cyprus's inflation rate rose sharply in April 2026 from 1.5% in March to 3%, according to preliminary data from Eurostat. The increase is driven primarily by price increases in energy (8.7% more expensive) and food (4.4% more expensive), triggered by geopolitical tensions in the Middle East and the resulting surge in raw material prices.