powered_by-logo reporter-logo inbusiness-news-logo GOLD-DIGITAL-EDITIONS

Inflation up at 2.8% in April due to increases in fuel prices

Inflation went up in April, reaching 2.8%, according to CySTAT, mainly due to the increases recorded in the price of fuel.

The Consumer Price Index in April 2026 increased by 1.73 points, reaching 102.80 units compared to 101.07 units in March 2026.

According to CySTAT, the largest increases compared with April 2025 were recorded in the economic categories Petroleum Products (18.3%) and Agricultural Goods (9.6%), while the largest decrease was observed in Electricity and Water (-7.9%).

Compared with March 2026, the largest increase was recorded in Petroleum Products (12.6%).

Analysis of Percentage Changes

Compared with April 2025, the largest increases were observed in the categories Transport (8.2%), Food and Non-Alcoholic Beverages (4.8%), Recreation, Sports and Culture (4.2%) and Educational Services (3.7%).

The largest drop was recorded in the category of Clothing and Footwear (-5.3%).

In relation to March 2026, the largest changes were recorded in the categories Transport (8.3%), Clothing and Footwear (5.2%) and Housing, Water, Electricity, Natural Gas and Other Fuels (1.4%).

Analysis of Effects in Units

The largest positive contribution to the change in the CPI of April 2026 compared with April 2025 was recorded in the categories Restaurants and Accommodation Services (3.11), Recreation, Sports and Culture (2.82) and Alcoholic Beverages and Tobacco (1.85), while the largest negative contribution to the CPI change of April 2026 compared with April 2025 was observed in the categories Health (-2.61), Information and Communication (-1.61) and Clothing and Footwear (-1.14).

The largest impact on the month-to-month changes in the CPI in April 2026 compared with March 2026 was recorded in the categories Transport (1.23), Clothing and Footwear (0.32), Housing, Water, Electricity, Natural Gas and Other Fuels (0.17) and Food and Non-Alcoholic Beverages (-0.11).

The largest positive contribution to the change in the CPI of April 2026 compared with April 2025 was attributed to Recreation Services (2.88), while the largest negative contribution was attributed to Mobile Communication Services (-1.50).

Fuels and Lubricants (0.72) had the largest positive impact on the change in the CPI of April 2026 compared with the corresponding index of March 2026, while Vegetables (-0.20) had the largest negative impact.

(Source: CNA)

;