Cyprus annual inflation slows to 1.2 per cent as energy prices fall

Cyprus’ annual inflation rate stood at 1.2 per cent in January 2026, remaining below the euro area and EU averages as price pressures across the bloc continued to ease, according to data released by statistical service (Cystat) and Eurostat. 

The Harmonised Index of Consumer Prices (HICP) decelerated to 1.2 per cent compared with January 2025, when it stood at 2.9 per cent, while falling by 0.3 per cent month-on-month.

On an annual basis, the strongest increases were recorded in recreation...