Cost of living, energy prices, top concerns for Cypriots
Cypriots are most concerned about soaring prices and energy costs, according to a recent survey. 84% are worried about rising prices, while 72% are concerned about energy bills. Other concerns include crime, corruption, and poverty, with less immediate anxiety about issues like climate change and the Russia-Ukraine war. The survey also shows a sense of cautious optimism about household finances, with more households feeling comfortable with their income compared to the previous year. Consumer spending habits have shifted slightly, with a decrease in overall purchases and a focus on essentials and long-term goals such as home maintenance, improving quality of life, children’s education, and savings.