Rising Fuel Prices and Economic Outlook for Cyprus
September 26, 2026
The rise in fuel prices is causing concern among consumers in Cyprus, as they see their wallets emptying. Experts warn of successive price increases and the risk of stagflation until 2027. The average price of diesel fuel has reached nearly €2 per liter. Consumer associations are calling for a reduction in VAT on fuels. The situation creates a need for state support to citizens.