The Consumer Protection Service announces the completion of the survey to collect data on the average retail price levels of Basic Consumer Goods as of 9/2/2022.
This Observatory is conducted on a monthly basis and includes fixed products and price collection points. Its purpose is to monitor price fluctuations of consumer staples and draw relevant conclusions.
The Consumer Protection Service clarifies that the Price Watches are prepared solely for the purpose of assisting/general information of consumers, 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 they should choose.
In particular, it should be noted that some of the products included in the Price Observatory have qualitative differences which cannot be taken into account in the results of a Price Observatory. To this end, the Consumer Protection Service urges consumers to conduct meaningful market research before making purchases in order to find the products and prices that meet their requirements.
Detailed information on the Price Watch is provided on the Consumer Protection Agency's website (www.consumer.gov.cy).
(MB/EXP)
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