Major appliance

Household appliances in Cyprus, such as refrigerators, washing machines and TV sets, are expected to experience price increases in the near future. The Retail Trade Association attributes this development to the Red Sea tensions. However, the Cyprus Consumers Association deems any price hikes in household appliances due to Houthi attacks on cargo ships as unjustified.

The sales of electrical household appliances boomed in Turkey last year amid the coronavirus pandemic as people followed stay-at-home orders with lockdown and social distancing measures.