Food prices squeeze Cyprus households again

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising in competition economics.

The report, written by the firm’s director Panayiotis Agisilaou and partner Stavros Efthymiou, said that public debate around the cost of living often focuses on inflation as measured by the Consumer Price Index (CPI), which tracks the average change in prices across a...