Categories: Economy

Low-income food inflation announced

DİSK-AR: Low-income food inflation is 102.3 percent

The Research Center of the Confederation of Revolutionary Unions of Workers (DİSK-AR) announced the food inflation that low-income citizens are exposed to.

In this sense, it was stated that the food inflation of retirees and low incomes was around the range of 88 to 102 percent.

According to DİSK-AR calculations, food inflation was 69.3 percent on average, while food inflation for retirees was 88.3 percent.

While food inflation for the bottom 20 percent income group was 69.3 percent, food inflation for the bottom 20 percent income group was 89.3 percent, and inflation of food from the bottom 20 percent income group was 102.3 percent.

Source: DISK-AR

IT WAS 29.7 PERCENT IN 2022

In the written statement, “AKP continues to increase inflation. The inflation rate, which was 29.7 percent in December 2002, became 55.18 percent in February 2023.

On the other hand, it was highlighted that the gap between food inflation and headline inflation has begun to widen in recent years, and it was stated that while the CPI index based on 2003:100 was 1241 in February 2023, the index food inflation was 1780 .

Source: Sozcu

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