Toilet rolls up by 17 per cent: price drops and hikes in October
The price of fresh fish and vegetables went down by 17 and 13 per cent in October, while the price of toilet paper had a...
inflation
Some price reductions seen in September
Price reductions were observed in 26 out of 45 categories of consumer products monitored by the Consumer Protection Service for the month of September, it...
World economic outlook: low growth and persistent inflation
By Andreas Charalambous and Omiros Pissarides The global economy is undergoing a difficult period, characterised by the enduring geopolitical turmoil and uncertainty, which adversely affect...
Double hit for workers as inflation depresses real wages and drives taxes up
Short-term patchwork government measures to deal with cost-of-living crisis and persistent inequalities are not enough By Les Manison A report by the OECD on “taxing...
Commerce ministry defends planned shopping app
The commerce ministry on Wednesday defended its e-kalathi proposal, which has faced criticism, saying that it is one of the many measures it has taken...
Our View: Finance minister needs to put sensitivities aside
Finance minister Makis Keravnos was disparaged and ridiculed for the measures he announced after Wednesday’s council of ministers meeting, one newspaper columnist referring to them...
President deflects inflation and interest rate questions at PWC conference
President Nikos Christodoulides on Friday deflected media questions about the inflation and higher interest rates saying the government had a fiscal responsibility to safeguard the...
Cyprus sees 2.6 per cent inflation in August — food price hikes observed
Cyprus experienced a resurgence in inflation during August, primarily driven by an increase in food prices and other essential goods, according to a report released...
Food and drink prices drive July inflation
The overall harmonised index of consumer prices (HICP) rose by 2.4 per cent in July year-on-year driven by higher prices in food and non-alcoholic drinks,...
Nigeria gives $235 mln to states to buy rice, maize to ease food shortages
Nigeria has approved a total of 180 billion naira ($235 mln) for its 36 states to procure rice and maize to cushion the effects of...
