"People's inflation" rate in food 29 percent!

"Peoples inflation" rate in food 29 percent!
Date: 24.3.2021 15:00

The "People's Inflation" research conducted by "Birleşik Kamu-İş" union revealed the economic crisis that citizens experienced in kitchen expenditures.

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Inflation figures reflected by the fluctuations in foreign exchange and exchange rates made the products in the kitchen of the citizens even more expensive. According to the research, while the last one-year increase in food expenditures was 29.2 percent, it was announced that it was 9.2 percent in the first 3 months of 2021.
The March results of the “People's Inflation” survey conducted by the R&D unit of the United Public Employees' Unions (Birleşik Kamu-İş) Confederation were shared with the public. According to the research, the money spent on the basket in question has increased by 29.2 percent in the last year, compared to March 2020. According to the survey found that at least Turkey's poorest food prices had to reserve two-thirds of the family budget segment rose by 2.5 percent last month.


According to the research, while the increase in meat-fish, oil, vegetable and processed food prices was determinant in the 2.5 percent increase in March, there was no change in the prices of bread, flour and bulgur in March compared to the previous month. Meat and fish prices increased by 2.6 percent, milk and dairy products and egg prices by 1.7 percent. In March, oil prices, which experienced a rapid increase in the last months of last year, increased by 7.2 percent depending on olive oil prices. In March, when fruit prices decreased by 0.2 percent, vegetable prices increased by 6.4 percent compared to the previous month. Thus, 2.5 percent more money was paid than last month to purchase the food basket made up of 76 selected food items.


According to the research, kitchen expenses increased by 29.2 percent compared to March last year, 25.7 percent in bread, flour, bulgur, pasta prices, 12.4 percent in meat-fish prices, 39 percent in milk, dairy products and egg prices, There was an increase of 1 rate. Oil prices increased by 40.8 percent compared to a year ago. Fruit prices increased by 18.1 percent and vegetable prices increased by 55.1 percent. Pulses prices increased by 16.5 percent in the last year, and other food prices by 13.9 percent.


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