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

In 2023, Cyprus's HICP decreased by 77.2% compared to 2022, reaching 4.9%.

The figure is above the EU-27 average of 3.4%.

Cyprus ranks 16th out of 20 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has fallen by 16.9% (from 5.9% in 2018).

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