Cyprus Inflation Eases Slightly To 2.5% In January

by THEFUTURE.TEAM

February 7, 2025

Inflation in Cyprus stood at 2.5% in January, down marginally from 2.6% in December, according to the Cyprus Statistical Service (Cystat). The Consumer Price Index (CPI) dropped by 1.58 points to 116.73, reflecting a slowdown in price growth.

Agricultural Goods saw the most volatility, rising 10% year-on-year but declining 6.1% from December. Food and Non-Alcoholic Beverages increased by 4.8% annually, while Restaurants and Hotels rose by 4.1%. Clothing and Footwear recorded the steepest monthly drop, falling 13%.

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The biggest contributors to annual inflation were Food and Non-Alcoholic Beverages (+1.07) and Transport (+0.56), while Clothing and Footwear (-0.18) exerted downward pressure. Month-on-month, Clothing and Footwear (-1.00) had the most significant deflationary effect.

Catering Services (+0.48), Fresh Vegetables (+0.36), and Meat (+0.24) were key drivers of price increases, while Clothing Items (-0.81) pulled inflation down. Petroleum Products had the largest positive monthly impact (+0.15), while Clothing Items saw the biggest decline (-0.71).

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Cypriot Travelers Book 90% Of Easter Trips To Greece As Demand Holds

by THEFUTURE.TEAM

April 14, 2026

Resilient Market Dynamics

Cypriot travelers continue booking Easter trips despite slower demand linked to tensions in the Middle East, according to industry data. Reservation volumes are below earlier expectations but remain in line with last year’s levels. Bookings indicate stable demand during the holiday period despite external pressures.

Insights From The Travel Sector

An official spokesperson from the Association of Travel Agencies, Mr. Antonis Orthodoxou, noted that although the tourism market has experienced some delay due to the prevailing conflict, the overall performance has been solid. “We anticipated a higher volume, but the war’s impact has naturally moderated the pace of reservations,” he stated.

Traveler Destination Preferences

Around 90% of bookings are for travel to Greece, according to industry data. Other destinations include Paris, Disneyland, and London, with demand supported in part by Cypriot students based in the United Kingdom. Georgia and Armenia also recorded smaller shares of bookings, reflecting interest in alternative destinations.

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Competitive Pricing And Package Details

Travel packages start at approximately €399, with pricing broadly stable compared to previous years. Final costs vary depending on accommodation and package selection. Departures are scheduled from Good Friday through the Tuesday following the Easter holiday period.

Event Invitation: Travel Expo Cyprus

Mr. Orthodoxou extended an invitation to those interested in the evolving travel landscape to attend the upcoming Travel Expo Cyprus event, scheduled for the weekend of April 18-19. This expo is expected to offer valuable insights and opportunities for both travelers and industry stakeholders.

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