Tag Archives: Food inflation

Press release… Aegean Olive and Olive Oil Exporters’ Association ((EZZIB) Chairperson Davut Er said that Türkite’s table olive exports surged from 172 million to 184 million dollars in the 2022/23 season with a 7 percent increase compared to the previous season. Davut Er Pointing out that the 2022/23 olive oil …

Nearly 1,4000 supermarkets operated by the Agricultural Credit Cooperatives on Aug. 15 began to offer more than 30 items, at discounted prices. Those items include, meat, poultry, flour, sugar, rice, onions, sunflower seed oil, liquid soaps and paper towels as well as some fruits. The move came after Recep Tayyip …

Even before the Russian army crossed into Ukraine, food prices had been on the rise for the past year. But the world has seen large jumps in the cost of food over the the last two months… Globally, food is 20 per cent more expensive now than it was a year ago, …

By Jen Skerritt and Elizabeth Elkin Two of the world’s top fertilizer producers expect the crop-nutrient price surge will continue. Nutrien Ltd., the world’s largest crop-nutrient supplier, raised its full year guidance Monday as it forecast strong crop prices will support fertilizer spending. Prices for potash — a key soil …

The jump in global food prices to a decade high risks leading to even more expensive grocery bills, and the energy crisis is threatening to make things even worse. Harvest setbacks, strong demand and supply chain disruptions have sent a United Nations index of food costs up by a third …

İSTİB Chairman Ali Kopuz evaluated the record increase in food prices. Stating that food inflation has become a global problem, Kopuz said that the solution lies in agriculture. Istanbul Commodity Exchange Chairman (İSTİB) Ali Kopuz stated that the solution to food inflation is in agriculture. Ali Kopuz made a speech …

Federation of Food and Drink Industry Associations of Turkey (TGDF) Secretary General İlknur Menlik evaluated the retail law proposal, food prices and other issues on the agenda. While the pandemic still prevails both in Turkey and in the world; Food, agriculture and retail industries are also going through an active …

President Recep Tayyip Erdoğan on Friday reiterated his frustration with what he said were major differences in food prices and warned that tradesmen could face heavy fines if they keep charging unjustifiably high prices. “We see that there are very serious price differences in vegetables, fruits and legumes,” Erdoğan told …

Stockpiling prompted by the pandemic, price hikes in raw materials, exchange rate volatility, increasing input costs, and speculative acts are among the reasons for food price inflation in Turkey, according to sectoral professionals. Retail prices of sunflower oil, dairy products, and eggs soared over 25 percent in recent weeks, forcing customers to leave supermarkets with …

Food inflation was 16 percent while fruit and vegetable prices increased by 20 percent in October… According to October inflation data announced by TURKSTAT, the annual food inflation was 16.51 percent. While there was a raise of 7.54 percent on a monthly basis in fresh fruit and vegetables, this rate …