A moderate increase in fuel prices was recorded in Cyprus in March 2026, in contrast to the significant price hikes observed at European level, according to data published by Eurostat.
Specifically, in Cyprus, prices of fuels and lubricants for personal transport increased by 1.5% in March 2026 compared with March 2025, recording one of the lowest increases among European Union Member States.
At the same time, increases in diesel and petrol prices on a monthly basis were also noticeable but remained below the European average. Diesel prices in Cyprus rose by 12.9% between February and March 2026, while petrol prices recorded an increase of 7.9%.
At the European Union level, fuel and lubricant prices were generally on a downward trend until February 2026, but there was a sharp reversal of the trend in March. According to Eurostat, prices increased by 12.9% year-on-year, with almost all Member States recording increases compared to March 2025.
(Source: CNA)
