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 ...
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 ...
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 ...
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 ...
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 ...
Inflation crisis: Does the government grasp the gravity of the situation?
Given that consumer prices will continue to rise over the coming months with increases in incomes falling far behind, even lower middle-income households are likely to experience financial problems
With ...
PEO criticises government ‘inactivity’ over price increases
Despite the government’s attempts to gather proposals to tackle rising prices and inflation, some are already expressing their discontent over the expected outcome and point fingers at the government’...
Unions demand full return of Cola, VAT reduction
PEO and Deok trade unions are seeking the full restoration of the cost of living allowance (Cola), the reduction of VAT and introduction of price ceilings amid the rising inflation ...
Ministers to meet over plan to mitigate cost of living rises
President Nicos Anastasiades has convened a meeting of ministers for Friday to explore ways of providing relief to people amid the rising cost of living.
Announcing the meeting on Monday, ...
€9m to support animal farmers amid spiralling feed prices (Updated)
The Council of Ministers on Wednesday approved a total of €9 million for the support of animal farmers struggling amid rising grain and feed prices.
Concerns have been growing in recent ...