Our View: Economics 101 – tax cuts fuel not reduce inflation
Good to hear someone in a position of authority standing up for economic reason and pointing out what should have been obvious to everyone with the most basic understanding of ...
Steel yourselves for steep price hikes, consumers warned
Consumer advocacy groups on Monday called for the reinstatement of the fuel subsidy as prices at the pump continued creeping up, while the state-run power utility said electricity bills would ...
Patient associations complain over drug price hikes
Cyprus’ patient associations have called for a dialogue on revised categories of drugs, which resulted in higher prices for patients, with complaints flooding in from patients and doctors alike, as ...
EAC union sounds voice of doom over summer energy supply
The summer will find Cyprus “completely unprepared” in terms of energy sufficiency, Marios Papoutis, head of the EAC’s technical employees’ union (Sekaik) warned on Monday.
Speaking on CyBC, the ...
Olive oil price rises over 60% in a year, set to fall
Olive oil prices are expected to begin to fall in the coming weeks and months after a 61 per cent rise was seen between September and September last year, consumers’ association ...
EAC pondering price hikes for 2025
The Electricity Authority of Cyprus (EAC) has begun examining what tariff hikes it will impose for 2025, the head of the state-run utility said on Monday.
Giorgos Petrou, board chairman at ...
Price increases mark Valentine’s Day
Products and services associated with Valentine’s Day saw an almost ten per cent increase this year in comparison to last year, the statistical services said on Wednesday.
According to ...
Turkish Cypriot bakers rail against max price decree (Update)
Turkish Cypriot bakers cried foul on Sunday after the north’s ‘government’ decreed issued a decree to set the maximum price of a loaf of bread.
The decree set the ...
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 17 per cent price spike compared to September.
...
EAC to file court case demanding price increases
The electricity authority (EAC) announced on Wednesday it will take the energy regulatory authority (Cera) to court to appeal Cera’s rejection of its request for a 25 per cent increase ...
Cap could be introduced on price of bottled water
New proposed relief measures by the Consumer Protection service include a ceiling on the price of bottled water, it was reported on Friday.
The consumer protection service has prepared a ...
Increased prices on most staple food items
A total of 32 out of 45 staple food items have seen their prices increase, the Consumer Protection Service (CPS) said on Monday, in its July 2023 price observatory.
Reductions were recorded for 13 ...
TC halloumi producers alarmed by rising production costs
The rising price of raw milk has “raised a red alarm” among Turkish Cypriot halloumi producers, according to the Cyprus Turkish chamber of industry (KTSO).
The price of raw milk ...
Cost-of-living remains high as inflation declines
Public concern over cost-of-living is mounting despite state assurances that the ending of relief measures was warranted and necessary.
Recently released data appeared to validate consumers’ fears, that the abolition ...
VAT cut on basic goods has reduced prices
A VAT cut on seven basic goods has led to cheaper prices and been greeted positively by consumers, especially families, the Consumer Protection Association said on Monday.
The association said ...
VAT reduction having limited impact on prices
The prices of some popular supermarket items have not dropped significantly following the introduction of reduced VAT, a month after the intended consumer relief measure kicked in, data from the ...
Cypriots blame EU for price rises
An overwhelming majority of Cypriots believe EU actions led to difficulties paying the bills, a Eurobarometer survey published on Tuesday revealed.
With 504 face-to-face interviews for the 2023 spring survey carried out ...
Price increases have brought Cypriot consumers to their knees says union (Updated)
The government should take measures to relieve low-income households hit by inflation, Peo trade union said while the consumer protection service said prices last month showed a drop in the ...
Tesla raises Model Y prices by $1,000 after US relaxes tax credit terms
Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible ...
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 the largest price increase at 16.1 ...
Cost of living crisis? Just go without
I wonder why Judge Riza, wrote about profiteering (Sunday Mail, August 21, Everyone knows that profiteering is criminal).
Has he just bought a designer shirt and realised a near identical shirt ...
Government hits back at Akel over price hikes
The government hit back at Akel on Saturday after the main opposition party said Cypriots have been left at the mercy of sweeping price hikes.
Left-wing Akel criticised ruling Disy ...
As rents rise, Tepak seeks to house students with families
Limassol families have been called on to host students amid a housing crisis in the district.
Cyprus university of technology (Tepak) on Saturday announced its new programme where students will ...
Farmers say comprehensive, targeted planning needed to help them meet rising costs
Farming organisations are calling for support to cover the skyrocketing cost of raw materials on Thursday said they are still waiting for the continuation of discussions with the agriculture minister ...