Inflation dips in May but fuel costs stay high

Cyprus’ inflation rate eased slightly to 2.6 per cent in May 2026, according to figures released by the Cyprus Statistical Service (Cystat), although petroleum products continued to record the sharpest annual increase. The Consumer Price Index (CPI) decreased by 0.06 points in May, reaching 102.74 units, compared with 102.80 units in April. Despite the marginal […]