Cyprus recorded one of the European Union’s steepest annual rises in fuel and lubricant costs in June 2026, with prices up 18.6% year-on-year, according to Eurostat data.
Annual increases across the EU ranged from 2.3% in Hungary to 26% in Bulgaria, with Cyprus firmly among the higher risers.
Cyprus was also one of only two EU countries where petrol prices rose month-on-month, climbing 0.7% between May and June. Italy was the only other country to see a monthly petrol rise, at 0.5%.
Every other member state recorded a monthly petrol decrease, led by Sweden (7.8%), Belgium (7%) and Poland (6.6%).
Annual EU-wide prices up 13.7%
Across the EU as a whole, fuel and lubricant costs rose 13.7% year-on-year in June, Eurostat said.
The pace of increase has been slowing: annual growth stood at 20.8% in April and 20.7% in May, compared with the same months in 2025.
Eurostat noted that prices kept rising annually in every EU country, though more slowly than in May, when four member states had posted increases above 30%.
The largest annual increases in June were recorded in:
- Bulgaria, at 26%
- Lithuania, at 23.5%
- Romania, at 23.1%
- Finland, at 22%
- Luxembourg, at 20.7%
The smallest annual increases were in Hungary, at 2.3%, and Poland, at 5.8%.
Monthly picture: diesel and petrol ease across the EU
Shifting from annual to monthly figures, the data shows some relief for EU consumers in June: diesel prices fell 6.4% and petrol prices fell 4.2% compared with May.
That marks a shift for petrol, which had actually risen slightly, by 0.8%, between April and May. Diesel, by contrast, had already fallen 5.8% over that same period.
Diesel prices fell in every member state between May and June. The steepest monthly falls were in Czechia (11.3%), Poland (9.7%) and Bulgaria (9.4%), while the smallest were in Hungary (0.6%), Italy (1.4%) and Slovenia (1.6%).