Consumer prices in Cyprus continued to rise in May, reflecting ongoing inflation trends recorded by the Statistical Service, with several essential products showing noticeable increases.
According to the Consumer Products Price Observatory of the Consumer Protection Service, which tracks the weighted average price of 250 basic consumer products across 400 retail stores nationwide, some categories recorded significant monthly increases.
The largest increase compared with the previous month was recorded in processed meats at 6.4%, followed by frozen breaded and pre-cooked fish products at 6.3%, frozen molluscs and shellfish at 6.1%, cooking oil at 5.8%, and canned meat at 5.4%.
Coffee, eggs and household products also rise
Further increases were recorded in Cypriot coffee, which rose by 5.1%, baby food by 5.1%, eggs by 5%, flour by 4.9%, and laundry detergents by 4.4%.
Prices also increased for frozen pasta products by 4.1%, soft drinks by 3.8%, toilet paper by 3.6%, and yoghurt by 3.4%.
Year-on-year comparisons also showed higher prices for many of these categories, particularly baby food, detergents and eggs.
Fresh vegetables see sharp decline
While several products became more expensive, the observatory also recorded reductions in certain categories compared with the previous month.
Fresh vegetables and greens saw the biggest decline, dropping by 24.3%, although prices remained 24.9% higher than May 2025 levels.
Other decreases were recorded in fresh fish and molluscs (-6.8%), fresh meat (-1.6%), frozen fish (-1.3%), and sugar (-1.1%).
Price gap between supermarkets narrows
The Consumer Protection Service also highlighted findings from the digital platform e-kalathi, which compares prices across major supermarkets.
The data showed that the difference in the value of a basket containing 253 identical products between the most expensive supermarket, Philippos (€1,080.72), and the least expensive, Sklavenitis (€972.10), reached €108.62 or 11.2%.
This represented a slight reduction compared with the previous month, when the gap stood at €119.70 or 12%.
Authorities encouraged consumers to use the e-kalathi platform and mobile application to make more informed purchasing decisions.
Also read: Cyprus banks cut 4,634 jobs and close 370 branches in ten years
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