Cyprus’ annual inflation rate rose to an estimated 3.7 per cent in May 2026, up from 3 per cent in April, according to Eurostat’s flash estimate for the Harmonised Index of Consumer Prices (HICP).
The increase placed Cyprus above the euro area average, where inflation is expected to reach 3.2 per cent , compared with 3 per cent the previous month. Eurostat said the full set of HICP data for
