Chambers of commerce, business associations satisfied with the course of the economy

Chambers of commerce, business associations satisfied with the course of the economy
Date: 10.9.2023 14:00

Representatives of the business world announced that the effects of the measures taken against exorbitant and speculative price increases under the leadership of the Ministry of Commerce are starting to be seen. Although the heads of the Istanbul Chamber of Commerce, Ankara Chamber of Commerce and MUSIAD, whose opinions were taken, paint a very rosy picture, the realities in the bazaar and the market are quite different.

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Istanbul Chamber of Commerce (ITO) President Şekib Avdagiç, in his evaluation to the AA correspondent, stated that the first months of the Minister of Commerce Ömer Bolat in office were a period in which many pioneering measures were taken to regulate the markets and the needs of the real sector were quickly responded to.
 
Avdagiç said that during this period, important and productive actions were taken to protect the purchasing power of the people and especially to ensure price stability.
 

“ACCESS PROBLEMS ARE NOT EXPERIENCED, THE INCREASE IN FUEL AND DOLLAR IS TEMPORARY”

 
Ankara Chamber of Commerce (ATO) President Gürsel Baran also pointed out the stockpiling and access problems experienced in the past months, especially in the automotive sector.
 
Stating that the measures taken by the Ministry were met very positively in the market, Baran said, "As a result of the measures taken by the Ministry of Commerce and effective inspections, the foam and inflation in second-hand automotive prices disappeared in August. There is no access problem in a new car. The measures taken for fake advertisements and the restrictions on vehicle sales were also effective in balancing the market. The positive effects of the new regulations introduced with the regulation changes made last week in order to prevent real estate and second-hand automotive advertisements from being published on advertising sites with fake information are expected to continue to have positive effects on the market."
 
Baran explained that apart from the automotive market, there is also a fight against the exorbitant price and hoarding lobby, especially in basic consumer products.
 
Baran pointed out that the excessive prices of basic consumer products have been replaced by the normality of the market.
 
"Despite the temporary increases in the dollar and fuel oil, and the negative effects of extreme temperatures and drought on seasonal normals on some agricultural products, there was no problem in accessing any product in our country," he said.
 
Stating that there are problems in accessing products such as olive oil even in some countries in Europe, Baran stated that citizens do not experience supply problems in the domestic market due to the temporary export restriction on bulk olive oil in Turkey.
 

“PROBLEMS SUCH AS STOCKING AND EXCESSIVE PRICES HAVE BEEN AVOIDED”

 
Abdurrahman Uzun, Deputy Chairman of the Independent Industrialists' and Businessmen's Association (MÜSİAD), also pointed out that the regulations made by the Ministry of Commerce in order to prevent informality and exorbitant price increases in the second-hand vehicle market started to relieve the sector and there was a decline in prices during this period.
 
"As it is known, when our Minister of Commerce Ömer Bolat took office, he held a large-scale meeting with the representatives of the sector and started to take very important steps in solving the problems in the sector. The restrictions, measures and advertising regulations implemented in this direction began to have a positive impact on prices and the market. We see that the prices are slowly coming back and the foam is disappearing," Uzun said.
 
Expressing that they support the Ministry's measures against stocking and exorbitant price practices, Uzun said, "It is our ultimate priority that our citizens do not suffer from the supply-demand imbalance that is being tried to be created in the automotive market."
 
Uzun added that with the measures taken by the ministry, problems such as stockpiling and exorbitant prices in food and basic consumer products have been prevented.

YEREL HABERLER

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