Inflation -0.5%
The Consumer Price Index in November 2025 decreased by 0,68 points to reach 117,57 points compared to 118,25 points in October 2025. Inflation in November 2025 decreased at a rate of 0.5%. (Table 1)
The largest positive change in economic categories compared to November 2024 was recorded in Services (3,1%), while the largest negative changes were observed in Electricity (-7,9%) and Agricultural Products (-6,2%). Compared to October 2025, the largest change was recorded in Agricultural Products (-7,6%). (Table 2)
Analysis of Percentage Changes
Compared to November 2024, the largest changes were observed in the categories Clothing and Footwear (-7,6%), Restaurants and Hotels (5,0%), Education (3,3%) and Food and Non-Alcoholic Beverages (-3,1%). (Table 1)
Compared to October 2025, the largest changes were observed in the categories Food and Non-Alcoholic Beverages (-3,2%) and Clothing and Footwear (0,9%). (Table 1)
For the period January-November 2025, compared to the corresponding period of the previous year, the largest changes were recorded in the categories Clothing and Footwear (-6,4%), Restaurants and Hotels (4,7%), Education (3,7%) and Recreation and Culture (3,2%). (Table 1)
Unit Impact Analysis
The largest positive effect on the change of the CPI of November 2025 compared to November 2024 was had by the categories Restaurants and Hotels (0,54), Education (0,15) and Recreation and Culture (0,14), while the largest negative effect on the change of the CPI of November 2025 compared to November 2024 was had by the categories Food and non-alcoholic beverages (-0,74) and Clothing and footwear (-0,59). (Table 3)
Food and non-alcoholic beverages had the largest impact on the change of CPI in November 2025 compared to October 2025 (-0,77). (Table 3)
The largest positive impact on the change of the CPI of November 2025 compared to the index of November 2024 was had by Catering Services (0,53), while the largest negative impact was had by Clothing (-0,47) and Electricity (-0,45). (Table 4)
Potatoes (0.10) had the largest positive effect on the change in the CPI of November 2025 compared to the corresponding index of October 2025, while Fresh Vegetables had the largest negative effect (-0.79). (Table 5)
| Table 1 | |||||
| Categories of Goods and Services | CPI (2015=100) | Changes (%) | |||
| October 2025 | November 2025 | Nov 25/ Nov 24 | Nov 25/ Oct 25 | Jan – Nov 25/ Jan – Nov 24 | |
| Food Non-Alcoholic Beverages | 125,12 | 121,10 | -3,09 | -3,21 | -0,17 |
| Alcoholic Beverages and Tobacco | 104,03 | 104,32 | 0,52 | 0,28 | 0,90 |
| Clothing Footwear | 98,03 | 98,94 | -7,61 | 0,93 | -6,35 |
| Housing, Water, Electricity and LPG | 144,16 | 144,37 | -1,17 | 0,15 | -0,56 |
| Furniture, Home Appliances Cleaning Products | 104,63 | 104,32 | -0,84 | -0,30 | -0,74 |
| Health | 108,23 | 108,23 | 1,19 | 0,00 | 1,58 |
| Transport | 113,40 | 113,30 | -0,68 | -0,09 | -1,43 |
| Communications | 92,14 | 92,09 | 0,59 | -0,05 | 0,29 |
| Leisure and Culture | 118,98 | 119,02 | 2,08 | 0,03 | 3,18 |
| Education | 120,22 | 120,01 | 3,30 | -0,17 | 3,66 |
| Restaurants Hotels | 135,81 | 136,22 | 4,98 | 0,30 | 4,70 |
| Other Goods and Services | 113,11 | 113,09 | 1,03 | -0,02 | 1,04 |
| General Index of Consumer Prices | 118,25 | 117,57 | -0,54 | -0,58 | 0,19 |
| Table 2 | |||
| Financial Categories | Weighting | Changes (%) | |
| Nov 25/ Nov 24 | Nov 25/ Oct 25 | ||
| Agricultural Products | 749 | -6,20 | -7,61 |
| Industrial Products (excluding Petroleum Products) | 4021 | -1,80 | 0,14 |
| Electricity | 316 | -7,88 | -0,21 |
| Mineral oils | 871 | -2,45 | -0,39 |
| Water | 72 | 0,00 | 0,00 |
| Services | 3971 | 3,14 | 0,18 |
| General Index | 10000 | -0,54 | -0,58 |
| Table 3 | |||
| Categories of Goods and Services | Weighting | Impact (units) | |
| Nov 25/ Nov 24 | Nov 25/ Oct 25 | ||
| Food and Non-Alcoholic Beverages | 1906 | -0,74 | -0,77 |
| Alcoholic Beverages and Tobacco | 347 | 0,02 | 0,01 |
| Clothing and Footwear | 721 | -0,59 | 0,07 |
| Housing, Water, Electricity and LPG | 1119 | -0,19 | 0,02 |
| Furniture, Home Equipment and Cleaning | 644 | -0,06 | -0,02 |
| Health | 637 | 0,08 | 0,00 |
| Transport | 1524 | -0,12 | -0,02 |
| Communications | 439 | 0,02 | 0,00 |
| Recreation and Culture | 575 | 0,14 | 0,00 |
| Education | 392 | 0,15 | -0,01 |
| Restaurants and Hotels | 836 | 0,54 | 0,03 |
| Other Goods and Services | 860 | 0,10 | 0,00 |
| General Consumer Price Index | 10000 | -0,64 | -0,68 |
| 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) |
| Nov 25/ Nov 24 | |
| Positive Impact | |
| Catering | 0,53 |
| Services for Regular Home | 0,17 |
| Actual Rents for Main House | 0,09 |
| Fresh Fruit | 0,06 |
| Miscellaneous Other Products and Services | 0,33 |
| Negative Impact | |
| Clothing | -0,47 |
| Electricity | -0,45 |
| Potatoes | -0,37 |
| Mineral oils | -0,28 |
| Fresh Vegetables | -0,25 |
| GRAND TOTAL | -0,64 |
| Table 5 | |
| Products/Services | Impact (units) |
| Nov 25/ Oct 25 | |
| Positive Impact | |
| Potatoes | 0,10 |
| Services for Regular Home | 0,05 |
| Clothing | 0,05 |
| Miscellaneous Other Products and Services | 0,08 |
| Negative Impact | |
| Fresh Vegetables | -0,79 |
| Fresh Fruits | -0,11 |
| Mineral oils | -0,04 |
| Air Fares | -0,02 |
| GRAND TOTAL | -0,68 |
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 per product and service for each month are weighted according to the population. Specifically, the weighting factors 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 a month, except for some seasonal products (e.g. vegetables and fruits), meat and fuel, whose prices are collected every week (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 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, under 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 with Mr. Filippos Kakoutsis by phone at 22605149 or by e-mail at fkakoutsis@cystat.mof.gov.cy.
