Foreign residents boost Cyprus retail market
Cyprus consumers are visiting supermarkets more often, comparing prices across several stores and avoiding unnecessary purchases.
However, the shift towards smaller baskets has not prevented the retail market from delivering a solid summer performance .
The positive picture has emerged despite continued inflationary pressure .
The Harmonised Index of Consumer Prices rose 4.4 per cent year-on-year in July and 0.7 per cent from June,
