Anger in the Consumers Association: Price increases before zero VAT and fire against competent services
The Cyprus Consumers Association reports discrepancies in the implementation of the zero VAT policy on essential goods, citing price hikes occurring both before and after the measure's introduction on October 12. The association heavily criticizes the Consumer Protection Service and the ministries of Finance and Energy for inaction, noting that expected price drops were not fully realized in several supermarkets. Monitoring data indicates that average price reductions were consistently lower than anticipated, leading the association to question the effectiveness and oversight of the government's anti-inflation efforts.