Inflation falls for third consecutive month
Cyprus’ annual rate of inflation reached 7.1 per cent in January 2023, continuing its downward trend for the third consecutive month. According to a report...
inflation
Inflation in Cyprus increased by 8.4 per cent in 2022
Inflation in Cyprus for the period between January and December 2022 recorded an increase of 8.4 per cent, compared to the corresponding period of the...
Less spending this Christmas as inflation bites
This Christmas season, the noose around pocket strings has become incredibly tight as inflation soars and prices skyrocket. Though special offers appear to be some...
Cyprus GDP to fall in 2023, recovery expected in subsequent years
Cyprus’ GDP is estimated to have reached a growth rate of 5.8 per cent for 2022, according to a report released on Friday by the...
Price of consumer staples see-saw in December
The price of basic consumer goods fluctuated up and down this month according to average retail price levels on December 7, 2022, compared with the...
Prices continue to rise in November, sugar up 16%
There have been major price hikes for basic necessities in November compared to the previous month, the Cyprus consumer association said on Sunday. Sugar had...
Petrides: Inflation a significant challenge to recovery plan
Inflation is a significant challenge for Cyprus’ Recovery and Resilience programme, as it leads to price hikes in construction projects, Finance Minister Constantinos Petrides said...
Cyprus inflation rate reached 8.7 per cent in November
Inflation in Cyprus rose to 8.7 per cent in November 2022, according to a report released on Friday by the Cyprus Statistical Service (Cystat). Meanwhile,...
Tomato and potato prices rise again
Tomato prices are up almost a euro from €2.24 per kilo to €3.28 as of the latest consumer protection agency report, which logged more modest...
Cypriots shopping more frequently but buying fewer items
Cypriots are making more frequent trips to the supermarket and buying less as means of controlling their spending, rather than filling up a trolley every...
