Consumer Prices Rise Sharply, With Major Gaps Between Supermarkets

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The Cyprus Consumers Association says price increases were recorded in 39 product categories, with the biggest rises seen in pasta, cheese, chocolate, flour and yoghurt.

 

Significant increases were recorded in widely used consumer goods between 14 April and 30 April 2026, the Cyprus Consumers Association said.

According to the association, price rises were identified in 39 product categories, covering a total of 241 products.

The biggest increases were recorded in pasta, cheese, chocolate, locally produced flour and yoghurt. In six product categories, the increases concerned only one specific brand. The rises reached up to 14%.

The association said it processed and assessed the prices listed on the government’s e-kalathi platform on 3 May 2026.

It noted that in July 2025, the lowest cost for 267 common products was recorded at Sklavenitis, at €926.52, followed by Athienitis, at €979.49. On 3 May 2026, however, for 230 common products, Athienitis had the lowest cost, at €864.69, followed by Sklavenitis, at €895.84.

The association said strong competition was evident only among a very small number of supermarkets, while in the vast majority of supermarkets participating in e-kalathi, no strong competition appeared to exist.

It added that, in most supermarkets on the platform, the differences between selling prices were so large that they did not indicate intense competition. The average gap between the most expensive and the cheapest supermarket stood at around 60%.

A review of 335 products at one specific supermarket participating in e-kalathi found that its selling prices were very high compared with the average price across supermarkets on the platform. For a small number of products, the difference exceeded 100%.