Cabinet on Friday approved a €103m package to help households ride out a surge in the cost of living fueled by sharp increases in energy prices as a result of ...
The magnitude of the impact on the Cyprus economy from the war in Ukraine will depend on the duration of hostilities, and sanctions against Russia, Central Bank of Cyprus (CBC) ...
Business leaders have called on the president to urgently boost the island’s self-sufficiency in terms of the food supply, warning that based on current data, higher prices and shortages “...
The barrage of price surges increases, as the latest data shows that key Easter goods are up across the board – from 11 per cent at the lowest end to 38 per cent ...
Eating out is going to become a lot more expensive as restaurant owners and catering establishments are finding it increasingly difficult to absorb the rising cost of oil, gas, electricity ...
The cabinet on Wednesday approved a bill giving trade and energy minister Natasa Pilides the power set a maximum gross profit margin for traders in an attempt to stem price ...
Supermarkets in the north were emptied of alcohol after news hit of a big price hike to be slapped on them through increased taxation.
Some shop owners pre-emptively took bottles ...
Cyprus fuel prices have surged in line with those abroad, but are still among the lowest in the EU, Energy Minister Natasa Pilides said on Friday, adding that based on ...
Potatoes and tomatoes are cheaper than last month, but bread prices are edging up according to the latest regular price observatory published by the consumer protection service on Friday as ...
Grain importers and livestock breeders have sounded the alarm over a surge in prices following Russia’s invasion of Ukraine as Akel called on the government to import grains directly ...
Milk, cheese, and some key veg are amongst the goods to have recorded the highest prices increase in the last month with tomatoes up by over 200 per cent from €1.05 per ...
The prices of meat and baked Christmas treats followed a slightly upward trend in the past year, according to the results of the Christmas price observatory conducted on Friday by ...
Even though dairy companies have held off raising their prices for the time being, it appears many basic products have seen a rise in the past month, according to the ...
A bill tabled by main opposition Akel suggesting further cuts to VAT on electricity bills will be discussed at the next House finance committee after gaining support from the majority ...
Most businesses said they saw a rise in prices of up to 30 per cent in the past six months, according to the results of a survey published on Friday.
The ...
Growing demand as the world economy recovers after the pandemic, combined with pressure on energy resources ahead of a heavy winter after a very hot summer, are creating a ‘perfect ...
Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as transient.
Speaking to reporters on ...
The government said Wednesday it intends to temporarily support farmers stricken by the massive spike in the price of animal feed, which along with other factors is expected to lead ...
The rate of inflation in Cyprus remained high in September – registering at 4.1 per cent – though lower than the 5 per cent of the previous month, according to the Statistical Service.
Energy ...
Small shops bemoaning the limited money to be made from cigarettes indicates there is a fixed price, but a spokesman for the industry said on Tuesday this is not true.
“...
Main opposition party Akel on Monday urged the government to quickly intervene to shield the public from rising prices in electricity as well as in essential goods, noting that thousands ...
In the past we have talked about real estate and celebrities and having a celebrity’s name attached to a certain project can affect property prices.
The same applies to ...
Turkish Cypriots are seeing a doubling in the price of coffee and bread, reports from the north said on Sunday.
Global fuel prices are currently contributing to an increase in ...
Food, clothing and footwear became more expensive in Cyprus during the coronavirus pandemic, while fuel and electricity prices dropped, statistics released on Thursday showed.
According to infographics prepared by the ...