Nicosia, Cyprus. Consumer goods prices continued to rise on the e-kalathi platform in the first half of May, with increases recorded across 182 product barcodes, the Cyprus consumers association said on Monday. The rises were recorded between May 1 and May 15 across 31 product categories, with increases ranging from 1 per cent to 9 per cent.
Categories with the largest increases
The association said the largest increases were observed in nuts, fruit and vegetable juices, fabric softeners, frozen pasta, baby food, frozen vegetables, olive oil and baby wipes.
Competition and price gaps among supermarkets
The association said intense competition appears to exist only in a small number of supermarkets, while in the vast majority of supermarkets participating in e-kalathi “there does not seem to be any intense competition”. It said price differences between supermarkets remain so wide that they do not point to strong competition.
Survey of 370 products
Referring to a new survey of 370 products from a supermarket that operates seven stores and participates in e-kalathi, the association said its selling prices were found to be very high compared with the average selling price of all supermarkets on the platform. In some cases, the difference reached up to 91 per cent.
Data sources cited
The association said its conclusions were based exclusively on prices recorded on the Ministry of Energy’s e-kalathi platform, as well as on prices recorded through the free private smart kalathi application.
Diesel prices by district
Beyond supermarket prices, the association said it also examined diesel prices by district, noting that Paphos remains the district with the highest average fuel price.
Have you compared prices between supermarkets on e-kalathi before making purchases?