Cyprus among hardest hit as diesel prices surge

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Fuel prices continued rising across the European Union in April, with Cyprus recording one of the sharpest monthly increases in diesel costs among member states.

Sharp rise in fuel costs across EU

According to Eurostat data, the price of fuels and lubricants for personal transport in the EU increased by 20.8 per cent in April 2026 compared with the same month last year.

The increase followed a 12.9 per cent annual rise recorded in March.

Until February 2026, fuel prices had generally been declining across most EU countries, marking a significant reversal in recent months.

Diesel prices jump across bloc

Diesel prices across the EU rose by 33.7 per cent year-on-year in April, while petrol prices increased by 13.6 per cent.

In March, annual increases stood at 19.8 per cent for diesel and 9.4 per cent for petrol.

On a monthly basis, diesel prices rose by 7.9 per cent between March and April 2026, while petrol prices increased by 2.4 per cent.

The previous month had already seen significant increases, with diesel up 19.1 per cent and petrol up 10.6 per cent compared with February.

Cyprus records one of steepest increases

Cyprus recorded an 18 per cent increase in diesel prices between March and April 2026, placing it among the countries with the highest monthly rises in the EU.

Only Slovenia and Bulgaria recorded higher monthly diesel increases at 23.5 per cent and 19.5 per cent respectively.

At the lower end, Poland saw diesel prices rise by 1.9 per cent, Romania by 2.3 per cent and Ireland by 2.6 per cent.

Mixed picture for petrol prices

In terms of petrol prices, 23 EU member states recorded increases between March and April.

The largest increase was recorded in Slovenia at 12.9 per cent, while Ireland saw the smallest rise at 1.3 per cent.

Meanwhile, Romania, Spain and Poland recorded declines in petrol prices of 1.2 per cent, 4.6 per cent and 6.1 per cent respectively.

Pressure on households and transport

The figures highlight renewed volatility in European energy markets, with rising fuel costs once again placing pressure on household budgets and transport expenses across Cyprus and the wider EU.


Also read: LIVE: Parliamentary Elections- Polls open
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