#rising prices

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 ...

Officials on Tuesday reiterated there currently exists no practical way to bring down energy costs, which have a knock-on effect on the prices of goods, as one MP warned that ...

President Nikos Christodoulides on Monday will hear proposals from trade unions and social groups as part of preparations for a new package of measures aimed at relieving households from the ...

How many of these can you NOT afford with ease? 1. Your rent, mortgage, or utility bills 2. Keeping your home warm or cool 3. An unexpected expense e.g. car or home ...

Marketing fresh fruit and vegetables is still “seriously problematic”, with exorbitant retail prices and profits of up to 342 per cent, the Cyprus Consumers Association said on Tuesday. The association said ...

The House commerce committee on Tuesday decried a “falsification of the truth by certain circles” over a bill aimed at setting a maximum price of bottled water at certain points ...

The price of ice cream and other summer related items went up in June, the Cyprus Consumers Association said on Friday. Other items that increased in price included domestic package ...

Supermarkets that mislead the public over special offers should be named and shamed, the Cyprus Consumers Association said on Friday. President of the association Marios Drousiotis said they were asking ...

Forty per cent of Cypriots are “just getting by”, a poll presented on Tuesday showed. The same poll, carried out by the Cypronetwork company and commissioned by the Cyprus consumers’ ...

Consumers in Cyprus are in a dire situation as ongoing increases in the prices of essential goods, energy costs, and high interest rates have further eroded their standard of living, ...

The price of olive oil has skyrocketed in Cyprus, as across the rest of Europe, in the past year, data published by Eurostat on Tuesday showed. In January 2024, the price ...

Consumers are saving approximately €7.50 on around €95 of purchases following the introduction of zero VAT rate on 11 products, the consumer protection service said on Monday. According to the service, consumers, depending ...

The Electricity Authority of Cyprus (EAC) has decided not to pursue its request for a 25 per cent hike in their tariff, following a meeting with Energy Minister George Papanastasiou. Reports ...

The government on Tuesday hinted it may extend some of the relief measures it introduced last November – such as subsidising electricity bills – beyond the end of the month. Taking journalists’ ...

Any increases in the prices of household electrical appliances are unjustified, the Cyprus Consumers Association said on Monday claiming that the reason behind the price hikes is the rise in ...

The goal is to get the ‘e-basket’ law on goods’ pricing approved by parliament as soon as possible, opposition Akel MP Costas Costa said on Tuesday, following the House commerce ...

The price reduction for petrol and other fuel planned for November 1 is likely to be pushed back to November 3 as the bill has not yet been passed, it emerged on ...

Price reductions were observed in 26 out of 45 categories of consumer products monitored by the Consumer Protection Service for the month of September, it announced on Monday. Despite inflation continuing its ...

In the last few months, the government has come under intense pressure from political parties, unions, consumer groups and media to announce measures for helping households cope with the steadily ...

In the coming weeks, the government is poised to make its final decisions regarding new measures to combat rising prices, although a meeting at the presidential palace on Friday failed ...

Lawmakers on Tuesday cautioned that people cannot withstand a carbon tax coming down the pipe in early 2024, but government officials insisted they have no choice. The matter was discussed at ...

A new carbon tax is on the way, the government confirmed on Tuesday, at a time when households are already heaving under the pressure of rising fuel prices impacting the ...

Lawmakers on Tuesday again harangued the government over its apparent apathy relating to rising interest rates, with one MP calling on President Nikos Christodoulides himself to come to parliament to ...