Fuel Prices in Cyprus Rise Nearly 25% in a Year

According to Eurostat, the annual increase in prices for fuels and lubricants used in personal transport in Cyprus accelerated to 24.6% in September 2026. For comparison:

1. in July, the annual increase was 9.9%;
2. in August — 19.1%;
3. in September — 24.6%.

Across the European Union, prices increased by an average of 31.4% year over year. The figure stood at 16.9% in July and 23.8% in August. In 26 EU countries, the annual increase recorded in September was higher than in both July and August.

Which EU Countries Saw the Biggest Fuel Price Increases?

The largest annual increases in September were recorded in three countries:

1. Bulgaria — 42.2%;
2. Estonia — 40.6%;
3. Lithuania — 40.2%.

Fuel prices rose by more than 30% in another 12 EU countries. The figures ranged from 37.5% in the Czech Republic to 30.3% in Portugal. The smallest annual increase among EU countries was recorded in Hungary at 6.9%, followed by Ireland at 17.7% and Sweden at 19.9%.

How Diesel and Gasoline Prices Changed

In September, compared with August, diesel prices in the EU increased by 5.9%, while gasoline rose by 6.7%. For comparison, a month earlier, diesel prices had increased by 8.3% and gasoline by 3.3%. In Cyprus, diesel became 6.8% more expensive over the month. Diesel prices increased in 26 EU countries.

The largest monthly increase in diesel prices was recorded in Sweden at 12.8%, Latvia at 10.3%, and Poland at 9.7%. The smallest increases were recorded in Spain at 2.4%, Croatia at 2.5%, and Romania at 3.0%. Gasoline prices in Cyprus increased by 3.8% over the month, the smallest rise among the 26 EU countries where prices went up. Romania followed with 4.2% and Slovenia with 4.6%. The largest monthly increases in gasoline prices were recorded in Sweden at 13.8%, Poland at 9.7%, and Estonia at 9.5%.

Therefore, despite the substantial year-over-year increase in fuel prices in Cyprus, the monthly rise in gasoline prices on the island in September was the lowest among EU countries where prices increased.

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