Consumers in Cyprus are still grappling with the lingering effects of previous inflation surges, despite a slowdown in the inflation rate to its lowest level in three years this March. The cost
Eating out has become quite the lavish treat, and a recent undercover survey by the Consumers Association spilled the tea on Cypriots splurging on pricey dining experiences. Between May and September 2023,
Cypriot consumers were warned to brace themselves for more hikes to their electricity bills, as the Electricity Authority of Cyprus (EAC) said they expect increases in line with an upward trend in
The Cyprus Consumer Association is demanding the government reinstates two subsidy schemes for fuel and electricity, scrapped in July, as the cost-of-living spirals. The association’s chair Marios Drousiotis is warning that higher
Consumers have paid €570 mln between 2017 and October 2022 due to the Electricity Authority of Cyprus’ failure to switch to renewable energy and misuse of the European Emissions Trade Scheme, an
Cypriots can expect an Easter shock as food prices rise, according to the latest survey by the Consumer Protection Service, while market stakeholders warn of further hikes. According to the Commerce Ministry’s
As the cost-of-living crisis continues to rise globally, consumers have drastically adjusted their spending behaviours, with the majority (53%) “holding back” on non-essential spending. Some 15% of consumers have stopped non-essential spending
Cypriot consumers are reporting shady pricing practices ahead of Black Friday by shops, said the Commerce Ministry’s consumer protection service. In comments to CyBC, the service’s spokesperson Anastasia Stylianidou said they had
Consumers are urged to do their homework and research online before heading to stores hunting for bargains on Black Friday. The Cyprus Consumers Association has issued guidelines for shoppers, warning them not
The government will intervene to keep a lid on the price of essential goods amid rising inflation, which is driving the cost-of-living crisis. The cabinet has greenlighted a bill that will oblige
