8% reduction in the price of electricity

A new price reduction, of around 8%, was announced by the Electricity Authority Cyprus (EAC), recording an overall decrease of 15% in the past two months due to lower fuel costs. However, after announcing a reduction in the price of electricity, the Director of the authority, Stelios Stylianou, pointed out that the prices in the […]

Fuel prices not as low as they should have been

Even though the fuel prices in Cyprus have recently dropped, they still not as low as they should have been. According to today’s issue of Phileleftheros newspaper, the crude oil price has decreased by 39% since June 2014, during the same period the average price for petrol available to consumers in Cyprus has only dropped […]

The cheapest supermarkets in Cyprus

The Consumer Protection Service of Ministry of Commerce has released today the results of their recent island-wide survey in the prices of basic items from the large supermarket chains. The survey captures prices of the 2nd May 2011 and includes 540 basic consumer products in 21 categories. Orphanides Supermarkets appear to be the cheapest with […]