According to the Statistical Service of Cyprus, consumer prices rose in August 2025, with the annual inflation rate reaching 3.5 %. This marks an increase from 2.9 % in July, 3.1 % in June, 2.5 % in May and 2.8 % in April.
The rise is largely attributed to a 20.3 % increase in petroleum products and a 6.0 % rise in electricity and water costs, as reported by the Consumer Protection Service’s Consumer Price Monitor for August.
The Monitor tracks the weighted average price of 250 essential consumer goods across 45 categories, based on daily prices collected from 400 retail outlets nationwide, including supermarkets, bakeries, and kiosks.
In August, 19 categories recorded price increases compared with the previous month, 25 categories saw decreases, and one category remained unchanged. Compared with August 2024, 40 of the 45 categories experienced price rises.
Key increases included cooking stock (+3.7 %, +11.3 % versus August 2024), fresh vegetables and herbs (+3.2 %, +1.0 % versus August 2024), charcoal for grilling (+2.9 %, +9.1 % versus August 2024), sugar (+1.9 %, –2.1 % versus August 2024), pork (+1.4 %, +4.7 % versus August 2024) and cheese (+1.4 %, +3.2 % versus August 2024).
Significant decreases were noted in frozen mussels and shellfish (–11.9 %, +2.0 % versus August 2024), fresh fish (–4.9 %, +6.1 % versus August 2024), laundry detergents (–4.8 %, –2.2 % versus August 2024), frozen pre‑cooked fish (–3.9 %, –18.4 % versus August 2024) and frozen fish (–2.9 %, +4.3 % versus August 2024).
The Statistical Service notes that some products in the Monitor may vary in quality, making direct price comparisons difficult. It advises consumers to conduct thorough
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