Breaking Passenger Records: Larnaca And Paphos Airports Hit New Highs

by News Editor

March 6, 2025

In a remarkable development, February set a record for passenger numbers at Cyprus’s Larnaca and Paphos airports, with over 500,000 travelers documented for the first time in the month. This 8% increase symbolizes shifting travel patterns, marking a pivotal moment for the island’s aviation hubs.

The Ministry of Transport, Communications, and Works reported a total of 535,423 passengers, an unprecedented number for February, traditionally a quieter month in the travel calendar. Overall passenger traffic from the start of 2025 saw a 7.39% rise compared to the previous year, adding momentum to Cyprus’s tourism profile.

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While Larnaca Airport experienced a robust 12.4% increase, Paphos Airport saw a slight dip of 2.95%. Aircraft traffic also surged by 4.85%, achieving 4,713 flights.

The primary contributors to this surge include Greece, the United Kingdom, Poland, Israel, and Germany, reinforcing the dynamic appeal of Cyprus as a growing destination.

Discover how these developments might impact the hospitality industry, as it continues to evolve along with changing tourism trends.

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Cyprus Construction Price Index Rises Amid Cost Pressures

by THEFUTURE.TEAM

February 19, 2026

The latest data from the Cyprus Statistical Service (Cystat) shows that the Price Index of Construction Materials in Cyprus reached 118.89 points in January 2026, based on a 2021 average of 100. Compared with December 2025, the index increased by 0.12%, indicating gradual price adjustments across the sector.

Year-Over-Year Growth

On an annual basis, the index recorded a 1.09% increase compared with January of the previous year. The rise reflects ongoing changes in contractor costs and highlights evolving market conditions within the construction industry.

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Commodity-Specific Movements

The report provides a detailed breakdown by material category. Minerals recorded the strongest annual increase at 2.91%, followed by electromechanical products at 2.55%. Products made from wood, insulation materials, chemicals and plastics rose by 1.19%, while mineral products increased by 0.97%. In contrast, metallic products declined by 0.49%.

Volatility In Sub-Categories

More pronounced changes were observed within specific sub-categories. Mineral aggregates rose by 8.34%, while stones increased by 4.97% compared with January 2025. Electrical fixtures posted a 4.65% increase. Iron and steel products declined by 1.73%, and ceramics and cement continued to trend lower, falling by 1.47% and 1.38% respectively.

Methodological Insights

The index is calculated as a weighted average based on the expenditure share of sampled materials during the 2021 base year. Prices are collected monthly from a range of suppliers, using the 15th of each month as the reference date and excluding VAT. The Construction Costs Index applies specifically to new residential buildings.

This detailed analysis not only sheds light on current market trends but also offers stakeholders a robust framework for understanding the underlying cost dynamics in Cyprus’s construction materials market.

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