Nicosia:Household consumption expenditure in Cyprus increased by approximately 5.1% in real terms in 2025. This information was revealed through data published by Eurostat on Friday, indicating a significant economic trend for the country.
According to Cyprus News Agency, the index of total final consumption expenditure by households rose from 141.127 points in 2024 to 148.359 points in 2025. Among the individual categories, clothing and footwear experienced the largest growth, with the index climbing from 172.938 in 2024 to 191.374 in 2025, marking an increase of around 10.7%.
Education services showed a similar upward trend with an approximate 10% rise, as the index increased from 177.104 to 194.879. The restaurant and accommodation services sector also saw an increase of about 8.2%, as the index moved from 162.008 to 175.241. Additionally, the food and non-alcoholic beverages index increased by around 7.4%, reaching 134.981 from 125.650, while information and communication grew by approximately 6.1%, from 122.794 to 130.256.
Further growth was recorded in the furnishings, household equipment and routine household maintenance category, with a rise of about 5.9%, while transport services saw an increase of around 5.8%. The index for alcoholic beverages, tobacco, and narcotics rose by approximately 5.7%. Housing, water, electricity, gas, and other fuels recorded a 4.5% increase, with recreation, sport, and culture rising by about 4.6%. Health services increased by around 3.3%, whereas personal care, social protection, and miscellaneous goods and services rose by approximately 2.7%.
Conversely, the index for insurance and financial services in Cyprus experienced a decline, falling from 186.395 in 2024 to 159.444 in 2025, corresponding to a decrease of around 14.5%. At the EU level, household final consumption expenditure, adjusted for inflation, saw a more modest increase of 1.6% in 2025 compared to 2024, slightly lower than the previous year's 1.8% increase.