The inflation rate in Cyprus was recorded at -0.70 percent in August of 2019. Inflation Rate in Cyprus averaged 3.76 percent from 1951 until 2019, reaching an all time high of 18.75 percent in July of 1951 and a record low of -3.59 percent in October of 1961. In Cyprus, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (16.2 percent of total weight). Transport accounts for 15.2 percent; Housing and Utilities for 12.3 percent; Miscellaneous Goods and Services for 8.8 percent; Clothing and Footwear for 8.5 percent and Restaurants and Hotels for 8.4 percent. Furniture, Household Goods and Maintenance; Health; Recreation and Culture; Communication; Education and Alcoholic beverages and Tobacco account for the remaining 30.6 percent of total weight. This page provides the latest reported value for – Cyprus Inflation Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.