#rising prices

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 ...

Going rate has doubled in the last year The price of olive oil is set to skyrocket to as much as €10 per litre by the end of the year, and ...

The commerce ministry on Wednesday defended its e-kalathi proposal, which has faced criticism, saying that it is one of the many measures it has taken to tackle the impact of ...

Significant cost savings can be made by households by making the right shopping decisions, the Consumer Protection Service said on Wednesday. “In these challenging times, the market provides several options ...

The north’s cost of living increased by 9.9 per cent in the month of July, according to figures released by its statistics office. The figures, calculated in Turkish Lira, work ...

President Nikos Christodoulides on Sunday defended the decision to lift the subsidy on fuel prices after receiving much criticism from both opposition parties and members of the public. The additional 8.3 ...

The zero VAT measure appears to be having a stable positive impact a month and a half into its implementation, the energy ministry announced on Friday. According to a survey ...

The prices of VAT-free products have increased “more than expected”, the Cyprus Consumers’ Association said on Tuesday. A total of 92% of VAT-free products have seen price increases, with the association ...

The Chamber of Commerce and Industry (Keve) said on Tuesday it agrees with plans to use offshore gas reserves for power generation as soon as possible to drive down electricity ...

Cypriot refugees are forced to live in their cars as they wait for Turkish Cypriot properties to become available amid rent price hikes in the Republic, MPs heard on Tuesday. ...

The use of natural gas will help provide the island with cheaper electricity, Energy Minister George Papanastasiou said on Friday outlining the new government’s proposed energy strategy. Speaking on ...

Trade unions will hold a joint meeting on Thursday to decide their collective stance on the government’s compromise proposal regarding the cost of living allowance, not ruling out possible ...

The cabinet on Tuesday approved zero VAT on certain consumer goods, in a stated bid to provide some relief amid current inflationary pressures. The zero VAT will apply to bread, ...

Workers in Cyprus are struggling as increasing prices are eating away at wages, Peo union general secretary Sotiroulla Charalambous said on Wednesday. During a visit to Hermes airport, she highlighted ...

The Cyprus petrol station owners’ association in Nicosia filed a complaint to the competition authority (CPC) on Tuesday for fair play violations on the part of major petrol importers. According ...

Peo union on Monday voiced concern over price manipulation and profiteering at the expense of the public over the Easter holidays. Households experience intensified pressure during this period, Peo said, ...

No irregularities that would justify the intervention of the state have been found regarding the price of gas cylinders, director of the consumer protection service Constantinos Karageorgis said on Monday. ...

Lawmakers said on Tuesday that legislation introducing a ‘household basket’ – a weekly list of lower-priced staple goods – would be delayed to next year as stakeholders hammer out the details of ...