Cyprus inflation slowed to 0.1% in February 2026, mainly due to lower energy and transport costs.

Cyprus' inflation slowed to 0.1% year-on-year in February 2026, down from 0.5% in January, driven by falling energy and transportation costs, including a 9.3% drop in electricity and water prices. Food and non-alcoholic beverages saw reduced price growth, while clothing and footwear prices fell 6.8% annually. Monthly consumer prices declined 0.1%, with vegetables and energy contributing most to the drop. Despite stable inflation, rising geopolitical tensions in Iran pose risks to future energy prices and inflation trends.