Cyprus Inflation Dips To 1.6% In March 2025: An Analytical Overview

by News Editor

April 8, 2025

The Consumer Price Index (CPI) for March 2025, as reported by CySTAT, reveals an encouraging downward trend in inflation, now at 1.6%. This marks a decline from 1.9% in February and 2.48% in January, reflecting a promising economic shift. Explore more on how global factors influence regional markets.

Significant Economic Changes

Compared to March 2024, Agricultural Products showed a notable annual increase of 6.6% despite a monthly dip of 2.4%. Price elevations in Restaurants and Hotels (5.1%), Housing, Water, Electricity, and Gas (4.2%), and Education (3.7%) were evident. Meanwhile, Clothing and Footwear experienced a 7.8% annual fall, impacting the overall index negatively.

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Monthly Economic Shifts

On a month-to-month basis, Clothing and Footwear prices surged by 2.8%, while Food and Non-Alcoholic Beverages saw a drop of 1.17%, adding downward pressure on the index. This dynamic showcases the complexity of price influences on the sector.

Unpacking Inflation Drivers

The CPI was positively impacted by Catering Services (+0.53 points) and Electricity (+0.29 points), although Clothing Items (-0.40 points) balanced the scales negatively. Fresh Vegetables (-0.35 points) and Petroleum Products (-0.14 points) further contributed to monthly fluctuations.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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