Petrol prices in Cyprus rose by 6.2% over the month, the fourth-largest increase among EU countries. This is according to Eurostat data for August. Petrol rose more sharply only in…
Annual inflation in Cyprus in August 2026 is estimated at 5.2%, up from 4.4% in July. This is the second-highest rate in the eurozone — only Lithuania is higher, with…
According to the latest data, the cost of food in Cyprus continues to rise faster than the general rate of inflation. Vegetables, fruits and dairy products have risen in price…
In Cyprus, a new wave of pressure on the real estate market is registered in 2026. The cost of building materials has increased by 10% in just two months and…
According to Eurostat, in just one month - from March to April 2026 - diesel on the island has risen in price by 18%, which brought Cyprus to third place…
The European Commission has confirmed that the reduction in VAT on fuel is contrary to European law. Spain and Poland, which have announced such plans, have already received warnings. Cyprus…
▪️ A sharp rise in oil and gas prices amid an attack by the United States and Israel on Iran could deal a crushing blow to the European economy, but…
