-
.
- Русский
The Consumer Protection Service announces the Consumer Product Price Watch for the month of May 2023. The Observatory presents the weighted average price for 250 basic consumer products (food and other products), based on the quantities and prices per day at which these products were sold in 400 retail outlets nationwide, throughout the month.
The purpose of the Observatory is to provide the consumer with an objective comparative reflection of purchase prices from all retail outlets, supermarkets, bakeries, bakeries, bakeries, kiosks, etc.a..
In conclusion, the valuation carried out for the month of May shows that prices are maintained at approximately the same level, which reflects the maintenance of food inflation, which amounted to 8.5% in the five months of January - May 2023 compared to the same period last year, as in the first quarter. As shown in the table of price indices for the month of May, out of a total of 45 commodity categories, 25 categories recorded increases of more than 1% and 17 categories showed decreases, with major decreases in greens, milk, bread, eggs, baby diapers, baby milk and feminine hygiene products. It should be noted that the checks carried out by the Office revealed a universal application of the zero VAT rate measure to the 7 categories of products included in the Decree, with a reduction in prices and a very positive impact on consumers, especially families with young children.
Significant increases in May were recorded for flour (7%), rice (5%), Cypriot coffee (5%), oil (4.3%), frozen pasta (5.3%), fresh fish (10.6%) and all categories of frozen fish 6-37% (molluscs, fish and pan fish) and pan meat (2.7%). A smaller increase was recorded for toilet paper (3.7%), fabric softeners (3.3%) and laundry detergents (1.1%).
The Consumer Protection Service clarifies that the Price Observatories are prepared solely for consumer information purposes and in no way constitute advice. The Price Observatory is not intended to and cannot replace the market research to be carried out by each consumer on the basis of his or her own preferences, data and needs, nor is it intended to indicate to consumers the points of sale to choose or specific products.
In particular, it should be noted that some of the products included in the Price Observatory are subject to qualitative differences which cannot be determined. To this end, the Service encourages consumers to carry out meaningful market research before making purchases, taking into account the results of this Observatory.
The detailed data of the Observatory are provided at website of the Consumer Protection Service.
Contents of this article including associated images are owned by PIO
Views & opinions expressed are those of the author and/or PIO
Source
Source[/P]
