Nicosia:Annual inflation in Cyprus is estimated to have reached 5.4% in October 2026, an increase from 5.2% in September, According to flash estimate published by Eurostat on Wednesday. On a monthly basis, the Harmonised Index of Consumer Prices in Cyprus rose by 0.2% in October.

According to Cyprus News Agency, Eurostat's data indicates that annual inflation in Cyprus was 3.5% in May, 4.1% in June, 4.4% in July, and maintained a level of 5.2% in both August and September, before the rise to an estimated 5.4% in October. In contrast, the annual inflation rate in Cyprus was significantly lower at 0.2% in October 2025.

In the broader euro area, annual inflation is estimated to have increased to 4% in October 2026, up from 3.8% in September, based on Eurostat's flash estimate.