content tagged with food inflation

Volga Kuşçuoğlu

Turkey’s food inflation spikes despite global decline

Turkey’s food inflation spikes despite global decline

The steep increase in food, particularly meat prices, is attributed to flawed policies that allow large suppliers and grocery chains to manipulate the market.

19 March 2024 Volga Kuşçuoğlu

Turkey's Central Bank raises year-end inflation forecast from 22% to 58%

Turkey's Central Bank raises year-end inflation forecast from 22% to 58%

The inflation rate for food prices is projected to reach 61 at the end of the year, according to the governor of the bank.

Cost of dining out in İstanbul nearly doubles in a year

Cost of dining out in İstanbul nearly doubles in a year

While the patronage in high-end venues has remained unaffected, businesses catering to lower-income groups have experienced a decline, according to a İstanbul Chamber of Commerce report.

Minister warns grocery chains not to increase prices too much after minimum wage hike

Minister warns grocery chains not to increase prices too much after minimum wage hike

The government has blamed the country's largest grocery chains over high food prices.

26 December 2022

Blamed by ruling alliance over high food prices, Türkiye's grocery chains face attacks, threats

Blamed by ruling alliance over high food prices, Türkiye's grocery chains face attacks, threats

Amid record-high inflation and increasing price hikes, supermarket chains are linked to a designated "terrorist" organization and blamed by Türkiye's ruling coalition. A store was vandalized in southern Türkiye.

8 December 2022 Wouter Massink

Food sales declined in February amid high food inflation

TURKSTAT

Food sales declined in February amid high food inflation

The annual food inflation rate was 70 percent in March and over 64 percent in February, according to official statistics.

Cheap labor and food inflation at the same time

Cheap labor and food inflation at the same time

Governments that view cheap labor as an instrument of growth already tend to implement anti-democratic practices; we should take into account that repression may increase even more in periods like this.

14 April 2022 Bülent Danışoğlu

Poverty line exceeds 10,000 lira in October

Poverty line exceeds 10,000 lira in October

Since the start of the year, the starvation line has increased by 442 lira and the poverty line has increased by 1,437 lira, according to Türk-İş.

27 October 2021

Grocery shopping trips of two families highlight food inflation

Grocery shopping trips of two families highlight food inflation

The two families had to spent a significant part of their retirement pensions to buy only fruits, vegetables and bread.

14 October 2021 Hikmet Adal

Erdoğan promises 1,000 'cooperative supermarkets' amid high food prices

Erdoğan promises 1,000 'cooperative supermarkets' amid high food prices

The new cheap grocery stores will "balance the market," the president has said.

Turkey posts record-high producer inflation in agriculture

Turkey posts record-high producer inflation in agriculture

In July, agricultural input price index has increased by 29.38 percent compared to same month last year.

20 September 2021