Cyprus Construction Material Prices Rise 0.6% In February 2026

by THEFUTURE.TEAM

March 18, 2026

Overview Of The Latest Price Trends

Cyprus Statistical Service reported that the construction materials price index reached 119.28 units in February 2026 (base year 2021=100), indicating a continued increase in input costs across the sector.

Month-On-Month And Yearly Trends

Compared with January 2026, the index rose by 0.33%. On an annual basis, prices increased by 0.60% compared with February 2025, pointing to a gradual upward trend in construction costs.

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Segment-Specific Developments

Price changes varied across categories. Electromechanical products recorded the largest increase, rising by 2.27%. Wood, insulation materials, chemicals and plastics increased by 1.64%, while minerals rose by 0.94%. In contrast, metallic products declined by 0.45%, and mineral products edged down by 0.08%.

Methodology And Data Collection

Cystat’s data collection process is rigorous, relying on a monthly sample acquired via telephone and email from a range of suppliers. The reference date for price collection is the 15th of each month, and the figures are recorded exclusive of VAT to ensure clarity in assessing underlying cost movements. The index is anchored to a base year (2021), with an average index value of 100 units over the twelve months, thus serving as a benchmark to gauge price evolutions. An index of 101.56, for example, represents a 1.56% increase over the 2021 average.

Implications For The Construction Sector

The latest figures indicate that cost pressures in the construction sector remain present, although increases are moderate. Ongoing monitoring of price trends remains relevant for contractors and developers planning future projects and budgets.

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Cyprus’ Poverty And Social Exclusion Risk Stands At 17.1%

by THEFUTURE.TEAM

October 20, 2026

Cyprus recorded a poverty or social exclusion risk rate of 17.1% in 2025, below the European Union average of 20.9%, according to new Eurostat figures. Across the bloc, however, more than 92 million people continued to face the risk, highlighting persistent social and economic inequalities.

More Than 92 Million People At Risk Across The EU

A total of 92.7 million people across the EU were at risk of poverty or social exclusion in 2025, equivalent to just over one in five residents.

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Cyprus is treated as a single statistical region because of its size, unlike many member states divided into multiple regions for comparison. Its national figure therefore provides an overall picture but does not capture differences between districts or communities.

Regional Gaps Remain Stark Across Europe

The risk varied considerably across the EU, with the highest rates concentrated largely in southern, eastern and outermost regions. In 24 of the 243 regions with available data, at least 31.5% of the population faced poverty or social exclusion.

These regions were located in Spain, Bulgaria, Greece, Italy, France and Romania, as well as Brussels in Belgium and Bremen in north-western Germany.

French Guiana recorded the highest rate, at 54.8%, followed by Calabria in southern Italy at 45.3% and Sicily at 44%. Melilla, a Spanish autonomous city, recorded 43.7%, while Réunion, another French outermost region, stood at 42.3%.

Central Europe Records The Lowest Rates

At the other end of the scale, 24 regions reported poverty or social exclusion risk rates below 13% in 2025. These included five eastern EU capital regions: Bratislava in Slovakia, Warsaw in Poland, Prague in the Czech Republic, Budapest in Hungary and Zagreb in Croatia.

Other regions with low rates were concentrated in northern Italy, the Czech Republic, northern Belgium, Hungary, Poland and Austria, illustrating the uneven distribution of economic security across Europe.

Cyprus Remains Below The EU Average

Cyprus’ rate of 17.1% places it below the EU average, although it remains higher than the levels recorded in the bloc’s lowest-risk regions.

The figures suggest that Cyprus performs relatively well compared with the wider EU, but poverty and social exclusion remain significant challenges across the bloc, affecting more than 92 million people.

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