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12° Nicosia,
19 July, 2026
 

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Displaying results 1-30 of 91 matches for query consumer spending.

1. Consumer spending remains resilient despite the war

https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

2. Cyprus records strongest retail sales growth in the EU

https://knews.kathimerini.com.cy/en/business/cyprus-records-strongest-retail-sales-growth-in-the-eu

Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....

3. Christodoulides says Cyprus talks should build on common ground, not start from scratch

https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

4. Storing the sun: How underwater energy storage could cut Cyprus electricity bills

https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills

BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....

5. ECB raises interest rates as expected

https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected

Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....

6. Europe debates energy aid as families fear new spike in bills

https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills

As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...

7. Cyprus economy still growing, but cracks may be starting to show

https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show

Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....

8. Most households in Cyprus say they’re struggling to get by

https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by

A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....

9. Government prepares energy relief measures as crisis reaches households

https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households

The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....

10. Cyprus urged to prepare for economic fallout from Iran tensions

https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions

Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....

11. Supermarket sales surge as shoppers keep spending

https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

12. Cyprus’s credit rating boosted as public debt drops and economy strengthens

https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens

Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....

13. New generators for Dhekelia now expected in 2030

https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

14. Cyprus made money this summer, and spent a lot of it

https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it

Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....

15. Black Friday hits Cyprus: Shoppers warned to watch for real deals

https://knews.kathimerini.com.cy/en/business/black-friday-hits-cyprus-shoppers-warned-to-watch-for-real-deals

Cyprus has officially entered Black Friday week, and retailers are hoping for one of the strongest shopping weekends in years, as long as shoppers believe the deals are real....

16. Cyprus tops EU in food, drink and tobacco sales in September

https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september

Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....

17. Europe’s economy takes a breather, but Cyprus isn’t immune to the cough

https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough

Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....

18. September Newsletter of K. Treppides & Co Ltd – 26/09/2025

https://knews.kathimerini.com.cy/en/news/september-newsletter-of-k-treppides-co-ltd-–-26-09-2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

19. Advertising in 2025: AI Won’t Buy Your Product. People Will.

https://knews.kathimerini.com.cy/en/business/advertising-in-2025-ai-won-t-buy-your-product-people-will

''Agents can do great research, but they don’t shop,'' says Arriana Yiallourides, Business Development Director at VML North America. ...

20. Supermarkets and electricity bills top Cypriot concerns despite signs of consumer confidence

https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence

Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....

21. Cyprus central bank projects 3.3% economic growth in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025

Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....

22. PwC Global Entertainment & Media Outlook: Global entertainment and media industry revenues to hit US$3.5 trillion by 2029, driven by advertising, live events, and video games

https://knews.kathimerini.com.cy/en/news/pwc-global-entertainment-media-outlook-global-entertainment-and-media-industry-revenues-to-hit-us$3-5-trillion-by-2029-driven-by-advertising-live-events-and-video-games

Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...

23. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

24. Millions in Cyprus pollution fees diverted from green goals, critics say

https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say

Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....

25. Cyprus government posts €551M budget surplus in first five months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

26. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

27. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

28. payabl. launches Virtual Business Cards to empower smarter business spending

https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

29. First Pandora and New Balance stores open in Cyprus

https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus

Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...

30. Transport Ministry to relaunch electric car grants after public backlash

https://knews.kathimerini.com.cy/en/news/transport-ministry-to-relaunch-electric-car-grants-after-public-backlash

The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....

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