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Holiday Table Costs Remain Steady Amid Digital Promises and Price Cuts

Stable Pricing Despite Seasonal Discounts

The cost of the New Year’s table in Cyprus has remained largely unchanged, even as minor discounts on select items such as tomatoes and cucumbers have surfaced. According to Mario Drousiotis, President of the Cyprus Consumers Association, these minimal price cuts have not significantly altered the overall expenditure for festive meals.

Detailed Cost Analysis for a Range of Tables

A comprehensive study conducted by the Association in Nicosia revealed that a “luxurious table” comprising 34 items cost approximately 160 euros for a family of four and 227 euros for a family of six. In contrast, an “economical table” featuring 19 items was priced at 98 euros and 129 euros, respectively. For lower-income households, a selection of 11 products from the 34 required was estimated to cost only 33 euros for a family of four and 49 euros for a family of six. Notably, these figures reflect a 9% increase compared to the previous year.

Methodology and Regional Considerations

The research was strictly carried out in prominent supermarkets in Nicosia, ensuring price consistency by using the same chains as in previous studies. Drousiotis emphasized that in the provinces there were no voluntary submissions and that the four major chains examined are known to set uniform prices across Cyprus.

e-Kalathi App: Unmet Expectations and Limited Participation

Drousiotis also scrutinized the performance of the e-Kalathi application. He has called on the Consumer Protection Service to release an accountability report on the app’s performance to date. The application, which initially promised coverage of 3,000 products, now displays only 478—a stark discrepancy when supermarket chains offer between 8,000 to 10,000 product codes. Moreover, participation by a major supermarket chain was limited to just 15 out of 60 days during the October–November period, with only 120–125 products available, and a complete absence of involvement from December 17 to 29. A separate chain managed to list 135 products in October.

User Engagement and Future Outlook

The data, according to the President, clearly indicate that consumers are not being adequately served. User adoption also remains abysmal, with nine out of ten users failing to return to the app. Drousiotis publicly urged the relevant authorities to ascertain whether the application succeeded or failed after six months of operation, and to identify how many of the 10,000 initial users continue to utilize it.

In summary, while minor price adjustments offer little reprieve in overall festive costs, a digital solution intended to empower consumers has yet to live up to its promise, raising wider concerns about transparency and efficacy in consumer support tools.

Cyprus Hits Historic Tourism Peak As Overtourism Risks Mount

Record-Breaking Performance In Tourism

Cyprus’ tourism sector achieved unprecedented success in 2025 with record-breaking arrivals and revenues. According to Eurobank analyst Konstantinos Vrachimis, the island’s performance was underpinned by solid real income growth and enhanced market diversification.

Robust Growth In Arrivals And Revenues

Total tourist arrivals reached 4.5 million in 2025, rising 12.2% from 4 million in 2024, with momentum sustained through the final quarter. Tourism receipts for the January–November period climbed to €3.6 billion, marking a 15.3% year-on-year increase that exceeded inflation. The improvement was not driven by volume alone. Average expenditure per visitor increased by 4.6%, while daily spending rose by 9.2%, indicating stronger purchasing power and higher-value tourism activity.

Economic Impact And Diversification Of Source Markets

The stronger performance translated into tangible gains for the broader services economy, lifting real tourism-related income and overall sector turnover. Demand patterns are also shifting. While the United Kingdom remains Cyprus’ largest source market, its relative share has moderated as arrivals from Israel, Germany, Italy, the Czech Republic, the Netherlands, Austria, and Poland have expanded. This gradual diversification reduces dependency on a single market and strengthens resilience against external shocks.

Enhanced Air Connectivity And Seasonal Dynamics

Air connectivity has improved markedly in 2025, with flight volumes expanding substantially compared to 2019. This expansion is driven by increased airline capacity, enhanced route coverage, and more frequent flights, supporting demand during shoulder seasons and reducing overreliance on peak-month flows. Seasonal patterns remain prominent, with arrivals building through the spring and peaking in summer, thereby bolstering employment, fiscal receipts, and corporate earnings across hospitality, transport, and retail sectors.

Structural Risks And Future Considerations

Despite strong headline figures, structural challenges remain. The European Commission’s EU Tourism Dashboard highlights tourism intensity, seasonality, and market concentration as key risk indicators. Cyprus records a high ratio of overnight stays relative to its resident population, signalling potential overtourism pressures. Continued reliance on a limited group of origin markets also exposes the sector to geopolitical uncertainty and sudden demand swings. Seasonal peaks place additional strain on infrastructure, housing availability, labour supply, and natural resources, particularly water.

Strategic Investment And Market Resilience

Vrachimis concludes that sustained growth will depend on targeted investment, product upgrading, and continued market diversification. Strengthening year-round offerings, improving infrastructure capacity, and promoting higher-value experiences can help balance demand while preserving long-term competitiveness. These measures are essential not only to manage overtourism risks but also to ensure tourism remains a stable pillar of Cyprus’ economic development.

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