Inflation -0.4%
The Consumer Price Index in June 2025 decreased by 0.29 points and reached 117.28 points, compared to 117.57 points in May 2025. Inflation in June 2025 declined by 0.4% (Table 1).
The largest positive change in the economic categories compared to June 2024 was recorded in Services (3.9%), while the largest negative changes were observed in Electricity (-10.3%) and Petroleum Products (-9.2%). Compared to May 2025, the largest change was recorded in Agricultural Products (-4.8%) (Table 2).
Analysis of Percentage Changes
Compared to June 2024, the largest changes were observed in the categories Restaurants and Hotels (5.5%), Clothing and Footwear (-5.2%) and Leisure and Culture (5.1%) (Table 1).
Compared to May 2025, the largest changes were observed in the categories Food and Non-Alcoholic Beverages (-2.3%) and Restaurants and Hotels (1.1%) (Table 1).
For the period January-June 2025, compared to the corresponding period last year, the largest changes were recorded in the categories Clothing and Footwear (-5.6%), Restaurants and Hotels (4.7%) and Education (3.7%) (Table 1).
Unit Impact Analysis
The categories Restaurants and Hotels (0.59) and Leisure and Culture (0.33) had the largest positive impact on the change in the CPI of June 2025, compared to June 2024 (Table 3).
The largest impact on the change in the CPI in June 2025, compared to May 2025, was had by the category Food and non-alcoholic beverages (-0.54) (Table 3).
The largest positive impact on the change in the CPI of June 2025, compared to the index of June 2024, was had by Catering Services (0.60), while the largest negative impact was had on Petroleum Products (-1.01) (Table 4).
Catering Services (0.11) had the largest positive impact on the change in the CPI of June 2025, compared to the corresponding index of May 2025, while the largest negative impact was had on Fresh Vegetables (-0.32) (Table 5).
| Table 1 | |||||
| Categories of Goods and Services | CPI (2015=100) | Changes (%) | |||
| May 2025 | June 2025 | Jun 25/ Jun 24 | Jun 25/ May 25 | Jan-Jun 25/ Jan-Jun 24 | |
| Food Non-Alcoholic Beverages | 123,97 | 121,12 | -0,85 | -2,30 | 2,13 |
| Alcoholic Beverages and Tobacco | 103,56 | 103,73 | 1,04 | 0,16 | 1,25 |
| Clothing Footwear | 103,26 | 103,14 | -5,18 | -0,12 | -5,56 |
| Housing, Water, Electricity and LPG | 142,91 | 142,69 | -2,19 | -0,15 | 0,58 |
| Furniture, Home Appliances Cleaning Products | 104,94 | 104,75 | -0,91 | -0,18 | -0,68 |
| Health | 107,97 | 107,97 | 1,61 | 0,00 | 1,70 |
| Transport | 112,01 | 112,83 | -4,28 | 0,73 | -1,18 |
| Communications | 91,36 | 92,11 | 0,38 | 0,82 | 0,07 |
| Leisure and Culture | 118,48 | 118,33 | 5,09 | -0,13 | 3,27 |
| Education | 116,08 | 116,08 | 3,73 | 0,00 | 3,73 |
| Restaurants Hotels | 133,54 | 134,97 | 5,49 | 1,07 | 4,73 |
| Other Goods and Services | 112,42 | 112,64 | 1,07 | 0,20 | 1,16 |
| General Index of Consumer Prices | 117,57 | 117,28 | -0,37 | -0,25 | 0,91 |
| Table 2 | |||
| Financial Categories | Weighting | Changes (%) | |
| Jun 25/ Jun 24 | Jun 25/ May 25 | ||
| Agricultural Products | 749 | 0,40 | -4,75 |
| Industrial Products (except Petroleum Products) | 4021 | -1,60 | -0,22 |
| Electricity | |||
| Mineral oils | 871 | -9,18 | 0,35 |
| Water | 72 | 0,00 | 0,00 |
| Services | 3971 | 3,93 | 0,51 |
| General Index | 10000 | -0,37 | -0,25 |
| Table 3 | |||
| Categories of Goods and Services | Weighting | Impact (units) | |
| Jun 25/ Jun 24 | Jun 25/ May 25 | ||
| Food Non-Alcoholic Beverages | 1906 | -0,20 | -0,54 |
| Alcoholic Beverages and Tobacco | 347 | 0,04 | 0,01 |
| Clothing Footwear | 721 | -0,41 | -0,01 |
| Housing, Water, Electricity and LPG | 1119 | -0,36 | -0,02 |
| Furniture, Home Appliances Cleaning | 644 | -0,06 | -0,01 |
| Health | 637 | 0,11 | 0,00 |
| Transport | 1524 | -0,77 | 0,13 |
| Communications | 439 | 0,02 | 0,03 |
| Leisure and Culture | 575 | 0,33 | -0,01 |
| Education | 392 | 0,16 | 0,00 |
| Restaurants Hotels | 836 | 0,59 | 0,12 |
| Other Goods and Services | 860 | 0,10 | 0,02 |
| General Index of | 10000 | -0,44 | -0,29 |
| Note: Sums are calculated on the basis of individual effects with infinite decimal places and are published by rounding two decimal places. Possible differences in the totals are due to a rounding error. | |||
| Table 4 | |
| Products/Services | Impact (units) |
| Jun 25/ Jun 24 | |
| Positive case E | |
| Catering Services | 0,60 |
| Services for Regular Home | 0,19 |
| Meat | 0,13 |
| Real Rents for a Main House | 0,12 |
| Miscellaneous Other Products and Services | 0,60 |
| Negative Impact | |
| Mineral oils | -1,01 |
| Electricity | -0,58 |
| Clothing | -0,30 |
| Fresh Vegetables | -0,18 |
| OVERALL TOTAL | -0,44 |
| Table 5 | |
| Products/Services | Impact (units) |
| Jun 25/ May 25 | |
| Positive Impact | |
| Catering Services | 0,11 |
| Mineral oils | 0,06 |
| Air Fares | 0,06 |
| Meat | 0,03 |
| Negative Impact | |
| Fresh Vegetables | -0,32 |
| Fresh Fruits | -0,11 |
| Potatoes | -0,06 |
| Miscellaneous Other Products and Services | -0,06 |
| OVERALL TOTAL | -0,29 |
Methodological Information
Definitions
The Consumer Price Index (CPI) is an economic indicator compiled to measure the changes over time in the prices of consumer goods and services acquired, used or paid for by households (residing in Cyprus or intending to reside in Cyprus for at least one year). The CPI is the official indicator for calculating inflation.
Inflation shows the change in the CPI compared to the corresponding month of the previous year.
The Impact represents the amount of the total change in the CPI, which is due to the mentioned category/good/service.
Pricing
Pricing is carried out only in the urban areas of the districts of Nicosia, Larnaca, Limassol and Paphos. For each city, the price fluctuations by product and service for each month are weighted according to the population. Specifically, the weightings for the four districts are as follows: Nicosia 42%, Limassol 30%, Larnaca 18% and Paphos 10%.
The prices of the 805 products and services included in the CPI are monitored and recorded once each month, except for some seasonal products (e.g. vegetables and fruits), meat and fuel, whose prices are collected weekly (every Thursday).
Base Year
The base year from January 2006 to December 2015 was 2005=100. From January 2016 onwards, the reference year is 2015=100.
Classification
Until December 2015, the CPI was calculated and published on the basis of the COICOP4 classification, which defines the product category down to four digits of analysis. From January 2016 onwards, the CPI is calculated and published based on the ECOICOP classification, following a relevant European Union regulation. Therefore, the lowest level of detail for the ECOICOP classification used in the CPI is the five digits of resolution.
Products/Services and Weights
Effective January 2018, both CPI products and their weightings have been revised. The revision was based on the results of the 2015/2016 Family Budget Survey.
For more information, interested parties can visit the Statistical Service Portal, subtopic Price Indices, CYSTAT-DB (Database), Methodological Information or contact Mr. Sofronis Vikis by phone at 22602206 or by e-mail at svikis@cystat.mof.gov.cy address, with Mr. Kyriakos Voutouris by phone at 22605132 or by e-mail at kvoutouris@cystat.mof.gov.cy or with Mr. Philippos Kakoutsis by phone at 22605149 or by e-mail at fkakoutsis@cystat.mof.gov.cy.
