Nicosia – Consumers have changed their habits as incomes fell as a result of the economic crisis, according to a survey by the Cyprus Consumers and Quality of Life Union released on Wednesday.
The poll showed that the income of almost half of the households surveyed (48%) has been “reduced a lot” while one in four (38%) said their income “has been reduced.
Only one in 10 households (11%) said their earnings had remained the same and 1% said their revenue had gone up.
Around 84% of households said they shop less, 14% that they shop as much as they bought before and 1% that they shop more.
The highest percentage (92%) of households who said they shopped less as a result of the economic crisis is in Limassol and the lowest (39%) in the free Famagusta district.