Announcement by the Cyprus Statistical Service – Harmonized Index of Consumer Prices
The HICP rose by 2,9% between January 2024 and January 2025, and decreased by 1,4% in the month between December 2024 and January 2025.
Compared to January 2024, the categories Recreation and Culture (7,5%), Food and Non-Alcoholic Beverages (5,3%) and Restaurants and Hotels (4,8%) showed the largest positive changes. (Table 1)
In comparison to December 2024, the largest changes were recorded in the categories Clothing and Footwear (-13,7%) and Food and Non-Alcoholic Beverages (-1,6%). (Table 1)
The largest changes in economic categories compared to January 2024 were observed in the categories of Food-Alcoholic Beverages-Tobacco (4,3%) and Services (4,2%), while compared to the previous month, the largest change was observed in the category of Non energy industrial goods (-4,0%). (Table 2)
