Turkey’s Finance Minister’s call to the food sector about prices

Treasury and Finance Minister Nureddin Nebati who shared messages on Twitter at the weekend, said, “We believe that all the actors of our food sector will act with our understanding of “Unity” by taking into account the positive developments recorded in the recent period.”

Nureddin Nebati made the following statements about food prices on his social media account:

In the scope of the fight against food inflation, we are taking another important step under the leadership of our President. Starting Monday August 15 (tomorrow) discounted prices will be applied at Agricultural Credit Cooperative markets on more than 30 basic consumer goods.

“WE EXPECT A POSITIVE REFLECTION ON THE PRICE TAGS”

Various practices similar to this practice, which is pioneered by our government in our country, have recently been launched in some other countries under the leadership of retail chains.

We expect this important step we have taken on behalf of our citizens to be followed by other chain markets operating in our country and to reflect this positively on their price tags, and we continue to monitor developments with our price tracking system.

July May June April, 0.8 percent, 0.6, 2.3 and 8.6 percent in the downward trend after the record breaking

Global food prices have shown a decline of 0.8 percent in April; 0.6 in May, 2.3 percent in June and 8.6 percent in July after record breaking jump in February.

We believe that all the actors of our food sector will act with our understanding of “Unity to Abundance” by taking into account these positive developments recorded in the recent period. We are committed to protecting our citizens against food inflation.