Inflation in Erdogan’s market is 263 percent

While citizens, whose purchasing power was diminishing due to high inflation, could not access basic products, especially food, the government presented the markets of the Agricultural Credit Cooperatives as a solution. However, prices in these markets increased even above the official inflation rate. While the government blamed chain stores for price increases, prices doubled in the agricultural credit cooperative market, where President Recep Tayyip Erdoğan shopped, saying, “The prices are very reasonable.” In the market of the Agricultural Credit Cooperatives, the only product that did not obtain an increase were the bags of 25 kuruş. The rate of increase in other products reached up to 263 percent.

President Recep Tayyip Erdogan, after shopping at the Agricultural Credit Cooperative Market, said: “The prices are very reasonable.”

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CHP Adana MP Burhanettin Bulut said, “The 12 items bought for TL 134.30 last year became TL 487.50 this year. According to TUIK, inflation is 84.39 percent, but the difference in Crédito Agrícola stores is 263 percent in one year.

Pointing out that increases in many items, from fuel to electricity, from fertilizer to seeds, are reflected in all staple foods from needle to thread, Bulut said: “The minimum wage of TL 5,500 will be has melted in the face of exorbitant increases. citizens have no purchasing power. There is also an inflation boom in the markets of the Agricultural Credit Unions, which according to President Erdoğan, ‘the prices are very affordable’. The only product that does not receive a raise is a 25-cent grocery bag. The fallacy of ‘the cause of interest, the result of inflation’ and the policy of low TL and high exchange rate increased the production costs of all products. However, the government is shirking responsibility by targeting chain stores, like a crook,” he said.

Staple foods became inaccessible

The devastating effect of inflation is reflected in the price tags. The kilo of chickpeas, which last year cost 8.75 TL in the markets of the Agricultural Credit Cooperatives, increased to 24 TL this year. A package of pasta that costs 2.75 TL increased by 11.50 TL. A kilo of cheddar cheese sold for 19.50 TL became 146.90 TL. The price of a kilo of white cheese, which was sold for 15.20 TL, rose to 79.90 TL.