#rising prices

President Nikos Christodoulides on Tuesday said that the government has “invested more than a billion euros” in its efforts to ease the rising cost of living, when he was asked ...

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. ...

The cabinet on Wednesday approved a new €70 million package of emergency measures to tackle inflation and the rising cost of living, bringing total government support, including measures already in place, ...

Finance Minister Makis Keravnos on Monday promised that “new measures” will be put before cabinet when it meets later this week to ease the rising cost of living. “The government ...

Diesel prices reached a historic high on Friday, with the average pump price climbing to €1.997 a litre, prompting fuel industry groups to renew calls for a cut in VAT. Figures ...

Finance Minister Makis Keravnos on Tuesday cautioned against “alarmism” regarding rising fuel prices, while an energy expert predicted that high prices at the pump would persist until mid-2027. Speaking on ...

Eating out has become significantly more expensive in Cyprus over the last three years, with a meal out that cost €100 in 2023 now amounting to an average of €126 – an increase of 26 ...

A discussion is underway on how to cover the rise in fuel prices given that these are generated by international events that no one can control, Energy Minister Michalis Damianos ...

Fuel prices in Cyprus are facing upward pressure, industry representatives said on Monday, after the international price of oil rose above $90 (€78) a barrel. Speaking on behalf of the petrol station ...

The price of school supplies remains at the same level as last year, with items available to suit all budgets, executive secretary of the supermarket’s association Andreas Hadjiadamou said ...

Reducing electricity prices remains the government’s top priority, according to President Nikos Christodoulides, who also said he will decide in 2027 whether to seek a second term, dismissing suggestions that ...

The number of products in the e-kalathi did not climb to 1,000 in the first half of 2026 as forecast by the head of the consumer protection department, the consumers’ association said ...

Large discrepancy in prices between supermarkets on the e-kalathi application indicate a lack of competition between them, the Cyprus Consumers Association said on Monday. According to the association, the average ...

The government’s ‘e-Kalathi’ application “essentially goes unnoticed”, supermarkets’ association chairman Andreas Hadjiadamou said on Monday. He had been asked by the Cyprus News Agency whether the application has had ...

There have been no unjustified price rises at supermarkets since conflict broke out in the Middle East at the beginning of last month, the consumer protection service’s competition branch ...

Nearly seven in ten households face financial distress to a lesser or higher degree, while four in ten families have taken out bank loans, according to a survey published on ...

The package of eight measures announced by the government to combat rising costs amid the ongoing conflict in the Middle East is worth €100 million, government spokesman Konstantinos Letymbiotis said on ...

The recent 20 per cent price hike for gas cylinders is not a result of profiteering but of significantly increased butane and propane prices, the energy ministry said on Monday. “If ...

The percentage of people at risk of poverty or social exclusion has remained stable at around 17 per cent for the past four years, which the national network against poverty believes ...

Cypriot diners are getting friendlier service and cleaner restaurants this year, but they’re also paying wildly different prices depending on location. The Cyprus Consumers Association’s (CCA) latest survey ...

The price of fresh vegetables and greens went up significantly in August, compared to July, going up by 49.3 per cent, the consumer product price observatory said on Monday. Last year ...

Akel on Saturday accused both the Anastasiades and incumbent Christodoulides governments for failing to tackle energy poverty during a protest over the increased cost of living and green taxes. Hundreds ...

Foreigners snapping up properties on the island at a rapid pace will be discussed by the House interior committee, MPs said on Friday after concerns have been lodged that the ...

A red flag analysis over the Great Sea Interconnector (GSI) project has dampened prospects for its viability, as it questions whether it can actually lower energy costs for consumers. “It ...