AI Generated Image
AI Synthesis Sources: 2

Consumer protection agency releases June 2026 price observatory report

The Consumer Protection Service of Cyprus released its Price Observatory report for June 2026, analyzing the average weighted prices of 250 essential consumer products across 400 retail locations nationwide. The data aims to provide consumers with objective price comparisons across supermarkets, bakeries, and kiosks.

The report highlights an ongoing inflationary trend, with the annual inflation rate reaching 3.1% in June, up from 2.5% in May and 2.8% in April. This rise is attributed largely to the conflict in the Middle East, which has driven fuel costs up by 21.2% and agricultural product prices by 9.0%. Specific food categories, such as fresh fish and mollusks, saw a 4.6% increase compared to the previous month.

Comparison data from July 15, 2026, within the 'e-kalathi' platform, revealed a 11.7% price disparity of €112.08 between the most expensive supermarket, Philippos (€1,069.19), and the cheapest, Athainitis (€957.11). This represents an increase in price variance compared to the 11.2% gap recorded for 253 products in the prior month.

Original Sources