Cyprus Implements Measures to Combat Rising Food Prices
In response to escalating food prices, the Cypriot government has introduced a series of measures aimed at mitigating the financial strain on consumers. Recent data indicated that inflation accelerated to 2.6% in December, up from 1.5% in November, with significant increases observed in the costs of fresh vegetables, meat, and fish. To address this, authorities have initiated subsidies for essential food items and are collaborating with local producers to stabilize prices. Additionally, campaigns promoting the consumption of locally sourced, seasonal produce are underway, encouraging citizens to support domestic agriculture and reduce reliance on imported goods. These efforts aim to alleviate the economic burden on households and ensure food affordability across the nation.
Market Cyprus - News Service
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