Tag Archives: Food prices

No supply shortages of grains are expected due to the conflict between Russia and Ukraine, two countries that supply a substantial amount of Turkey’s grain imports, the country’s agriculture ministry said. Russia’s all-out invasion of Ukraine as of Thursday has raised the prospect of tighter supplies in commodities, due to the possibility …

SETBİR expects a change in food prices due to the decrease in foreign exchange… İsa Coşkun, Chair of the Turkish Dairy, Meat, Food Industrialists and Producers’ Association (SETBİR), said that taking into account the intense competition in our sectors, it is inevitable that there will be changes in costs and …

‘Agriculture, forest, water become more important than ever before’ Excessive demand, logistical, labor problems, high energy costs cause increases in food prices, says Bekir Pakdemirli… Agriculture, forest and water have become more important than ever, Turkey’s agriculture and forestry minister said Thursday. Bekir Pakdemirli “Creating a sustainable economy on the …

Catering industrialists stated that companies operating in the ready-to-eat food sector have become unprofitable due to the difference between general inflation and food inflation. Bursa Catering Industrialists Association (BUYSAD) announced the cookware inflation in July. Association Chairperson Coşkun Dönmez said that food prices increased by 3.18 percent in July, thus …

Turkey on June 30 established a new Price Stability Committee to help step up the country’s fight against inflation, as pledged in the government’s landmark economic reform package this March. The committee, under the coordination of the Treasury and Finance Ministry, will contribute to the permanent establishment and maintenance of price stability, according to …

Press release… Union of Turkish Agricultural Chambers (TZOB), since 2007, has been working through so as not be allowed to pre-Ramadan opportunism. During this Ramadan, we will continue to inform the public by following the producer and market prices. It is important to meet the food needs of our citizens …

The Turkish Central Bank on Feb. 4 announced its decision to form a division in charge of analyzing developments in the food and agricultural product markets. This division will “perform an early warning function by carrying out a detailed and timely analysis of data regarding the prices of food and …