Total sales of petroleum products in Cyprus amounted to 113,640 tonnes in November, a decrease of 4.7% from the same month last year, and a drop of 16% from the pervious month.
Two in every five cars registered in Cyprus this year are either electric vehicles or hybrids, with these engine types showing a healthy increase, while the share of petrol-powered vehicles dipped below
The Cyprus government is adamant about ending an 8 cent subsidy on fuels after it expires on March 31, with Finance Minister Makis Keravnos saying the decision is final and irrevocable. As
Motorists in Cyprus will feel a pinch in their wallets, as petrol prices are set to jump by 14 cents per litre overnight on April 1, when a government subsidy comes to
Cyprus is riding high as one of the top four European countries with the most cars per 1,000 residents. The numbers, released by Eurostat on Wednesday, affirm what many know already: Cypriots
Sales of saloon cars reached their highest level since 2019, signalling a rebound of the car market after four years of declining trends. By engine type, electric vehicles (EV) and hybrids saw
President Nikos Christodoulides has decided to keep a state subsidy on fuel prices at the pumps unchanged, despite an earlier decision to halve it in May that would have pushed prices up
Cyprus motorists were hit with another nasty shock on Friday as the pump price for diesel registered a record €2.03 per litre – costing around €111 to fill up an average car.
The highest pump price for Diesel reached a record €1.999 per litre in Cyprus on Tuesday, according to the Consumer Protection Service’s Fuel Retail Price Observatory. On average, diesel costs €1.914 per
The Finance Ministry has revised its inflation forecast for Cyprus this year from an initial 1.5% to 4%, amid a hike in fuel prices in the aftermath of Russia’s invasion of Ukraine.
