
Cyprus recorded the lowest inflation rate among all European Union countries in May, according to figures released by Eurostat this week.
Inflation in Cyprus fell to just 0.4 per cent in May 2025, down from 1.4 per cent in April and 3 per cent in May 2024.
The annual inflation rate in the eurozone decreased to 1.9 per cent in May 2025, from 2.2 per cent in April. One year