Key data points
Last release
—
Observation period
May 2024
Next release
—
Forecast
—
Highest
10.60% on Jul 31, 2022
Lowest
−2.90% on Aug 31, 2020
About Cyprus Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.