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Cyprus inflation forecast to hit 3.6% in 2026, EU Commission warns
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Cyprus inflation forecast to hit 3.6% in 2026, EU Commission warns
Inflation in Cyprus is forecast to reach 3.6% in 2026 before easing to 2.2% in 2027, according to the European Commission’s spring forecasts, as an energy price surge driven by the Middle East conflict pushes prices higher across the eurozone. The Commission said VAT and excise duty cuts on energy could help limit further price rises in Cyprus, while a weaker outlook for tourism may also moderate services inflation, as companies offer more compe…
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