Bread, baby food, coffee, milk, meat and sugar will be subject to a zero VAT rate from October following the approval of a relevant decree by the Council of Ministers.
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Cyprus’ annual inflation rate accelerated to 5.2 per cent in August 2026, up sharply from 4.4 per cent in July, according to a flash estimate released by Eurostat on Tuesday.
The estimate, measured ...
Every few months the Consumers Association issues figures collected via e-kalathi which compare the prices of a range of products available in different supermarkets. In the latest edition, the association ...
No VAT will be levied on certain essential consumer items for the duration of the year, the tax department said on Thursday.
The government is rolling over into 2026 its policy ...
The Cyprus Consumers Association, as a matter of policy, is never satisfied. It always operates with the assumption that retailers have one objective – to deceive consumers into paying a higher ...
Fruit and vegetable prices remain high this summer, the Cyprus Consumers Association said on Monday, as middle-men continue to put a large mark-up on items.
The latest findings confirm that ...
With President Trump pausing his punitive tariffs for 90 days, it will take time before the negotiations that will follow realign global trading to the new developing international order.
Already analysts ...
The inflation rate for a designated basket of basic consumer goods fell to 1.6 per cent in March, continuing the declining trend registered since December, according to government data released on ...
Agriculture Minister Maria Panayiotou visited Larnaca supermarkets on Monday as part of an established tour of shops carried out during the Christmas holidays. This year there were no shortages in ...
Market has overcome impacts of Covid-19
By Kyriacos Kiliaris
If you’re in the market for a vacation home on the island, you might be in for a sticker shock, ...
The government on Wednesday announced its approval of a bill which would give it the power to set the maximum price of some products, including bottled water, at airports and ...
Fears the price of olive oil may rise to €15 per litre in the coming months
It has been a bad year for olive oil.
Global production has halved after the ...
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 wages” reveals that the increase ...
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, the statistical service said on Friday.
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The hike in the price of meat this year has pushed Cypriots to shun the usual Easter lamb and turn more to pork, which comes in around half the price ...
Meat prices are up 25 per cent compared with the Easter holiday period last year but Agriculture Minister Petros Xenophontos said on Thursday he cannot interfere with the laws of the ...
Food prices have increased substantially over 2022. One of the food products with the highest price increase is eggs according to data released by Eurostat, the statistical service of the EU.
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The Cyprus Consumers’ Union & Quality of Life association slammed the continued rise in the price of a cylinder of gas saying it was not justified.
In an announcement, the ...
Sales across supermarkets have matched pre-pandemic levels this Christmas, largely driven by special offers which lure in customers, but retailers in other areas said consumer spending had been disappointing.
Executive ...
By Andria Kades and Nick Theodoulou
The quantity and quality of products on the market are excellent, and consumers should have zero concerns about what they’re buying, Agriculture Minister ...
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 previous month with the largest decreases recorded ...
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 ...
Questions have emerged whether the government will be able to pass a bill proposal being discussed from Wednesday for prices on a ‘household basket of goods.’
The ‘household basket,’ which ...
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 increases on other products.
The Friday report ...