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Record high tourist arrivals in August

Tourist arrivals set a new record in August, reaching 554,923, exceeding the corresponding arrivals of August 2019, the record year for Cypriot tourism, by 0.20%.

According to Cystat, from January to August 2024, tourist arrivals totaled 2,758,627 compared to 2,648,795 in the corresponding period of 2023, recording an increase of 4.1%.

Compared to the arrivals of tourists in August 2023, arrivals in August 2024 went up by 8.5%.

Arrivals from the United Kingdom were the main source of tourism for August 2024, with a share of 34.7% (192,424) of total arrivals, followed by Israel with 13.3% (74,032), Poland with 7.7% (42,650), Germany with 4.2% (23,068) and Sweden with 4.1% (22,508).

Returns of residents of Cyprus down 3.6%

Moreover, a total number of 192,756 residents of Cyprus returned from a trip abroad in August 2024 compared to 199,920 in the corresponding month last year, recording a decrease of 3.6%.

The main countries from which residents of Cyprus returned in August 2024 were Greece with a share of 39.1% (75,381), the United Kingdom with 6.6% (12,718), Russia with 4.4% (8,538) and Italy with 4.1% (7,926).

EU Farm Output Prices Decline For The First Time In Nine Months

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.

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