Cyprus recorded a 0.2% increase in industrial producer prices in February 2026 compared to January, according to data released by Eurostat on Wednesday, while on an annual basis, producer prices in Cyprus rose by 1.1% compared to February 2025.
In contrast, industrial producer prices in the euro area declined by 0.7% month-on-month and by 3.0% year-on-year. Across the European Union, prices fell by 0.5% on a monthly basis and by 2.7% annually. In January 2026, prices had increased by 0.8% in both the euro area and the EU.
Breaking down the monthly developments in the euro area by main industrial grouping, energy prices dropped by 2.4%. Meanwhile, prices for intermediate goods rose by 0.3%, capital goods by 0.3% and durable consumer goods by 0.2%, while non-durable consumer goods decreased by 0.2%. Excluding energy, total industry prices edged up by 0.1%. A similar pattern was observed across the EU.
On an annual basis, energy prices in the euro area fell sharply by 11.7%, while prices increased for intermediate goods (1.3%), capital goods (1.6%), durable consumer goods (2.5%) and non-durable consumer goods (0.2%). The EU showed a comparable trend.
Among EU Member States, the largest monthly declines in industrial producer prices were recorded in Spain (-3.1%), Ireland (-2.6%) and Portugal (-1.8%), while the highest increases were observed in Croatia (3.8%), Finland (2.7%) and Lithuania (1.8%). In annual terms, the steepest decreases were seen in Spain (-7.0%), Ireland (-4.6%) and Portugal (-4.5%), while the strongest increases were recorded in Bulgaria (9.2%), Finland (7.9%) and Sweden (3.5%).
(Source: CNA)
