Inflation 0.2%
The Consumer Price Index (CPI) in April 2025 increased by 0.06 points and reached 117.31 points compared to 117.25 points in March 2025. Inflation in April 2025 increased at a rate of 0.2%. (Table 1)
The largest positive changes in the economic categories compared to April 2024 were recorded in Agricultural Products (9.3%) and Services (3.7%), while the largest negative changes were observed in Petroleum Products (-9.4%) and Electricity (-8.8%). Compared to March 2025, the largest change was recorded in Electricity with a percentage of -8.5%. (Table 2)
Analysis of Percentage Changes
Compared to April 2024, the largest changes were observed in the categories of Clothing and Footwear (-7.1%), Restaurants and Hotels (5.2%), Education (3.7%) and Transport (-3.6%). (Table 1)
Compared to March 2025, the largest changes were observed in the categories of Clothing and Footwear (4.7%), while in Housing, Water Supply, Electricity and LPG (-3.1). (Table 1)
For the period January-April 2025, compared to the corresponding period last year, the largest changes were recorded in the categories Clothing and Footwear (-5.8%), Restaurants and Hotels (4.5%) and Education (3.7%). (Table 1)
Unit Impact Analysis
The categories Food and Non-Alcoholic Beverages (0.59) and Restaurants and Hotels (0.55) had the greatest positive impact on the change in the CPI of April 2025 compared to April 2024, while the largest negative impact on the change in the CPI of April 2025 compared to April 2024 was had the category Transport (-0.66). (Table 3)
The category Housing, Water Supply, Electricity and LPG had the greatest impact on the change in the CPI in April 2025 compared to March 2025 (-0.51). (Table 3)
The largest positive impact on the change in the CPI of April 2025 compared to the April 2024 index was had by Catering Services (0.57) and Fresh Fruit (0.37), while the largest negative impact was had on Petroleum Products (-0.25). (Table 4)
Clothing (0.20) and Air Fares (0.17) had the largest positive effect on the change in the CPI of April 2025 compared to the corresponding index of March 2025, while the largest negative effect was had on Electricity (-0.48). (Table 5)
| Table 1 | |||||
| Categories of Goods and Services | CPI (2015=100) | Changes (%) | |||
| March 2025 | April 2025 | Apr 25/ Apr 24 | Apr 25/ Mar 25 | Jan – Apr 25/ Jan – Apr 24 | |
| Food Non-Alcoholic Beverages | 121,53 | 122,45 | 2,59 | 0,76 | 2,93 |
| Alcoholic Beverages and Tobacco | 103,67 | 103,49 | 0,98 | -0,17 | 1,38 |
| Clothing Footwear | 96,32 | 100,84 | -7,06 | 4,69 | -5,75 |
| Housing, Water, Electricity and LPG | 147,12 | 142,58 | -1,41 | -3,09 | 1,82 |
| Furniture, Home Appliances Cleaning Products | 104,01 | 104,41 | -0,62 | 0,38 | -0,68 |
| Health | 108,23 | 107,89 | 1,55 | -0,31 | 1,73 |
| Transport | 114,75 | 114,72 | -3,63 | -0,03 | 1,06 |
| Communications | 91,63 | 91,45 | -0,11 | -0,20 | 0,07 |
| Leisure and Culture | 116,75 | 116,72 | 2,49 | -0,03 | 2,62 |
| Education | 116,08 | 116,08 | 3,73 | 0,00 | 3,73 |
| Restaurants Hotels | 132,70 | 133,28 | 5,23 | 0,44 | 4,48 |
| Other Goods and Services | 111,84 | 112,25 | 1,03 | 0,37 | 1,24 |
| General Index of Consumer Prices | 117,25 | 117,31 | 0,19 | 0,05 | 1,53 |
| Table 2 | |||
| Financial Categories | Weighting | Changes (%) | |
| Apr 25/ Apr 24 | Apr 25/ Mar 25 | ||
| Agricultural Products | 749 | 9,33 | 1,55 |
| Industrial Products (except Petroleum Products) | 4021 | -1,72 | 0,91 |
| Electricity | 316 | -8,81 | -8,50 |
| Mineral oils | 871 | -9,41 | -2,65 |
| Water | 72 | 0,00 | 0,00 |
| Services | 3971 | 3,69 | 0,56 |
| General Index | 10000 | 0,19 | 0,05 |
| Table 3 | |||
| Categories of Goods and Services | Weighting | Impact (units) | |
| Apr 25/ Apr 24 | Apr 25/ Mar 25 | ||
| Food Non-Alcoholic Beverages | 1906 | 0,59 | 0,17 |
| Alcoholic Beverages and Tobacco | 347 | 0,03 | -0,01 |
| Clothing Footwear | 721 | -0,55 | 0,33 |
| Housing, Water, Electricity and LPG | 1119 | -0,23 | -0,51 |
| Furniture, Home Appliances Cleaning | 644 | -0,04 | 0,03 |
| Health | 637 | 0,11 | -0,02 |
| Transport | 1524 | -0,66 | 0,00 |
| Communications | 439 | 0,00 | -0,01 |
| Leisure and Culture | 575 | 0,16 | 0,00 |
| Education | 392 | 0,16 | 0,00 |
| Restaurants Hotels | 836 | 0,55 | 0,05 |
| Other Goods and Services | 860 | 0,10 | 0,04 |
| General Index of | 10000 | 0,22 | 0,06 |
| 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) |
| Apr 25/ Apr 24 | |
| Positive Impact | |
| Catering | 0,57 |
| Fresh fruit | 0,37 |
| Services for regular home | 0,19 |
| Fresh vegetables | 0,17 |
| Airfares | 0,17 |
| Negative Impact | |
| Mineral oils | -0,25 |
| Clothing | -0,21 |
| Electricity | -0,19 |
| Miscellaneous other products and services | -0,60 |
| OVERALL TOTAL | 0,22 |
| Table 5 | |
| Products/Services | Impact (units) |
| Apr 25/ Mar 25 | |
| Positive Impact | |
| Clothing | 0,20 |
| Airfares | 0,17 |
| Footwear | 0,13 |
| Fresh fruit | 0,11 |
| Miscellaneous other products and services | 0,22 |
| Negative Impact | |
| Electricity | -0,48 |
| Mineral oils | -0,26 |
| Meat | -0,03 |
| OVERALL TOTAL | 0,06 |
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.
Impact represents the amount of the total change in CPI 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: 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 determines the category of products down to the four digits of analysis. From January 2016 onwards, the CPI is calculated and published based on the ECOICOP classification following a relevant European Union (EU) 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 contact the Portal of the Statistical Service, 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, or Mr. Kyriakos Voutouris by phone at 22605132 or by e-mail at kvoutouris@cystat.mof.gov.cy or Mr. Philippos Kakoutsis by phone at 22605149 or by e-mail at fkakoutsis@cystat.mof.gov.cy.
