Nicosia: Inflation in March 2026 increased at a rate of 1.2% compared to March 2025, marking a rise higher than the first two months of the year, primarily attributed to the ongoing conflict in the Middle East.
According to Cyprus News Agency, data published by the Statistical Service on Thursday revealed that the Consumer Price Index in March 2026 increased by 1.21 points, reaching 101.07 units compared to 99.86 units in February 2026.
The data highlighted that the largest positive change among the economic categories, compared with March 2025, was recorded in Agricultural Products, which saw an increase of 13.3%. Conversely, the largest negative change was observed in the Electricity and Water category, which decreased by 12.9%.
When comparing March 2026 with February 2026, the most significant change was noted in Petroleum Products, which experienced an increase of 9.1%.