Tag Archives: Food inflation

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 …