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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Wizz Air Accelerates Larnaca Expansion With New Athens And Madrid Routes

by THEFUTURE.TEAM

April 23, 2026

Wizz Air announced an expansion of its route network from Larnaca, adding new connections to Athens and Madrid while increasing frequencies on several existing routes. The move reflects steady passenger demand for travel between Cyprus and key European destinations and builds on the airline’s growing presence at Larnaca.

Enhanced Athens Service Driven By Demand

Service between Larnaca and Athens will resume in September 2026, initially operating 11 times per week. Frequency is scheduled to increase to 14 weekly flights, which allows for a double daily schedule. One-way fares start from €29.99, including all mandatory fees and one carry-on bag. The decision to reinstate and expand this route follows consistent demand, with Athens remaining a core short-haul connection for passengers traveling to and from Cyprus.

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New Madrid Service Expands Spanish Footprint

Wizz Air will also launch a new direct route between Larnaca and Madrid. Flights are set to begin in September 2026 and will operate three times per week on Tuesdays, Thursdays and Saturdays. Fares start from €55.99 one-way. This addition builds on existing connections to Spain, including Barcelona, and strengthens the airline’s presence in that market.

Strengthening Cypriot Connectivity And Market Confidence

The expansion also includes increased frequencies to Barcelona, Thessaloniki and Yerevan, offering more flexibility for passengers. András Szabó said the relaunch of Athens and the addition of Madrid are part of efforts to expand route options and improve connectivity. Maria Kouroupi, Director of Aviation Development, Marketing and Communications at Hermes Airports, noted that increased frequencies support Cyprus’ connectivity. Kostas Koumis stated that new direct routes to Athens and Madrid are expected to support tourism flows, trade and economic activity.

Outlook

Higher frequencies and new routes are expected to support both inbound and outbound travel, particularly during the summer season. The updated network strengthens Larnaca’s role within Wizz Air’s regional operations and reflects stable demand across key European routes.

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