HICP - annual data (average index and rate of change) (1996-2025)

In 2023, Cyprus's HICP decreased by 11.7% compared to 2022, reaching 6.8%.

The figure is below the EU-27 average of 11.6%.

Cyprus ranks 27th out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 1260.0% (from 0.5% in 2018).

Source: Eurostat dataset prc_hicp_aind, accessed via the eupublicdata pipeline.