Retail Prices of Essential Commodities in Cyprus

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Amid global inflation, the Price Observatory of the Cyprus Consumer Protection Service has recorded an increase in retail food prices of up to 21% and a decrease of up to 13% between 14 September and 12 October this year.

Seasonal price increases totaled 65.5% for greenhouse cucumbers and 23.6% for tomatoes.

More specifically, the data shows that the largest increases over the same period were for cheese (21.4%) and coffee and cereals (more than 9%).

Despite the price increases, some significant price decreases were observed over the same period, notably for fresh fish (up to 13.1%), oils/seeds (up to 9.7%), frozen products (up to 8.8%) and pasta (up to to 6.4%).

The average cost of fresh milk on October 12 ranged from €1.56 to €3.03 per liter, according to the observatory. The average price per pack of rice ranged from €1.52 to €5.79. Yoghurt ranged from €1.88 to €4.36, while the average price for coffee ranged from €2.97 to €7.43.

Depending on the product, the average price for a pack of cheese was between 1.72 and 7.58 euros, cereals between 2.38 and 3.75 euros and cold cuts between 2.62 and 3.91 euros.

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