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

In 2023, Cyprus's HICP decreased by 51.9% compared to 2022, reaching 3.9%.

The figure is below the EU-27 average of 6.4%.

Cyprus ranks 23rd 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 387.5% (from 0.8% in 2018).

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