Cyprus recorded a 0.2% increase in industrial producer prices in February 2026, while prices declined across the euro area and the European Union, according to Eurostat.

Emerging Divergence In Price Trends

Industrial producer prices in Cyprus rose by 0.2% in February compared with January, reversing a 0.3% decline recorded in the previous month. Prices had also increased by 0.2% in December 2025. Across the euro area, prices fell by 0.7% in February, while the EU recorded a 0.5% decline. In January 2026, both regions posted increases of 0.8%, indicating a shift toward lower prices.

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Sectoral Shifts And Energy Impact

Energy prices declined by 2.4% in the euro area during February. Intermediate goods and capital goods prices increased by 0.3% each. Durable consumer goods rose by 0.2%, while non-durable goods declined by 0.2%. Excluding energy, producer prices increased by 0.1%. Across the EU, energy prices fell by 1.8%. Increases were recorded in intermediate goods (0.3%), capital goods (0.2%), and durable consumer goods (0.3%), while non-durable goods declined by 0.2%.

Regional Disparities And Annual Comparisons

On an annual basis, producer prices declined by 3.0% in the euro area and 2.7% in the EU. Energy prices fell by 11.7% in the euro area and 10.5% in the EU. Among member states, Spain, Ireland, and Portugal recorded the largest monthly declines, while Croatia, Finland, and Lithuania reported the highest increases.

Implications And Forward Outlook

The February data show different price movements across countries, with Cyprus recording growth while broader EU trends declined. Price developments continue to be influenced by changes in energy markets, while non-energy sectors show relatively stable movements across the region.