Cyprus Inflation Rises to 1.9% in February 2025

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Inflation in Cyprus increased by 1.9% in February 2025, according to data released by the Statistical Service of Cyprus (CyStat).

The Consumer Price Index (CPI) for February 2025 rose by 0.38 points, reaching 117.11 units, compared to 116.73 units in January 2025.

Key Economic Category Changes
Year-on-Year Comparison (February 2024 – February 2025)
The most significant annual changes were recorded in:

  • Agricultural Goods: +7.0%
  • Education: +3.7%
  • Transport: +3.7%
  • Restaurants and Hotels: +3.5%
  • Clothing and Footwear: -5.1% (largest decline)
  • Month-on-Month Comparison (January 2025 – February 2025)
    Compared to January 2025, the biggest price increase was seen in:

  • Agricultural Goods: +2.7%
  • Transport: +1.3%
  • Consumer Price Index (CPI) Impact
    The biggest contributors to CPI inflation in February 2025 compared to February 2024 were:

  • Transport: +0.62 points
  • Food & Non-Alcoholic Beverages: +0.52 points
  • Meanwhile, Clothing and Footwear had the largest deflationary effect, reducing the CPI by -0.36 points.

    Compared to January 2025, the Transport sector had the greatest influence, contributing 0.23 points to CPI growth.

    Specific Product Impact

  • Biggest positive CPI influence (February 2025 vs. February 2024):
  • Petroleum Products: +0.40 points
  • Catering Services: +0.37 points
  • Biggest negative CPI influence:
  • Clothing Items: -0.23 points
  • For month-on-month changes, Fresh Vegetables had the largest positive impact (+0.25 points), while Potatoes contributed the biggest negative impact (-0.06 points).

    The data highlights rising costs in key sectors such as transport, education, and dining, while clothing prices continue to decline, reflecting broader economic trends.

    Source: stockwatch.com.cy

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