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💰 Cyprus Consumers’ Association urges wage and social benefit hikes amid rising inflation

The Cyprus Consumers’ and Quality of Life Association is urging the government to increase wages and social benefits for low and middle-income households in response to rising inflation and the high cost of essential goods. Latest data shows that inflation based on the Consumer Price Index reached 3.1% in June 2026, impacting household purchasing power, especially for vulnerable groups.

The Association highlighted that ongoing price increases in essentials such as food, energy, housing, fuel, and transport disproportionately affect those who spend a larger share of their income on these needs. This has put significant pressure on the real earnings of low-paid workers as wage growth fails to keep pace with the cost of living.

To address these challenges, the Association is calling on the State to implement measures that will meaningfully strengthen household incomes and reduce the financial strain on low and middle-income families, aiming to improve their daily living conditions and overall quality of life.


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