Household consumption expenditure in Cyprus shows significant growth in 2025

Real household consumption expenditure in Cyprus recorded a significant increase of approximately 5.1% in 2025, according to data released by Eurostat. This growth rate notably outpaced the European Union average, which stood at 1.6% for the same period. The index for total final consumption expenditure of Cypriot households rose from 141,127 units in 2024 to 148,359 units in 2025, after accounting for inflation.

The most substantial growth was observed in the clothing and footwear sector, which saw an increase of 10.7%, rising from 172,938 to 191,374 units. Education services followed with an approximate 10% rise, while expenditure for catering and accommodation services increased by 8.2%. Additionally, food and non-alcoholic beverages recorded a 7.4% growth, reaching 134,981 units. Other sectors such as information and communication, as well as furnishings and household equipment, also reported growth rates of 6.1% and 5.9% respectively.

This data reflects a trend of higher domestic spending power and demand compared to the broader EU economic bloc during 2025. Eurostat provided these comparative figures, illustrating a clear divergence between the growth trajectory of Cyprus and the average member state performance throughout the year.