Even Ukraine at war can buy us more meat
Europe Among the countries with the highest inflation in their countries, Turkey has been the country that can buy less red meat with a minimum wage. The decrease in animal stock due to insufficient support for the producer has increased the increase in red meat prices. Even according to official data, the reliability of which is questioned, the price of red meat has risen 19.9 percent in one month and 60 percent since the beginning of the year. While the government defended economic policies criticized for high inflation by saying that ‘inflation is rising in the world’, it responded to the food crisis by saying that the shelves are empty in Europe. Even though inflation is falling due to the base effect, the rise in food prices cannot be stopped. By contrast, world food prices have been declining for the past year.
UKRAINE CAN LOSE 28 KG
Taking into account that the government often uses Europe as an example to defend its economic policies, we compare the prices of red meat and the purchasing power of meat in the countries with the highest inflation in Europe. Leading second place in inflation by double the margin, Turkey can buy less meat at the minimum wage, even from countries with lower minimum wages. In Ukraine, which has been at war with Russia for more than a year and has an inflation rate of 21.3 percent, 28.07 kilograms of red meat can be bought for a minimum wage of 166.23 euros. Although the minimum wage in Turkey, which has an inflation rate of 50.51 percent, is almost 2.5 times that of Ukraine (397.47 euros), when we take the average price of a kilogram of meat at 300 liras , you can buy 27.87 kilograms of meat. As a minimum wage you can buy 32.47 kilograms of meat in Bulgaria (398.81 euros), which is close to Turkey.
44 kilos of meat in Hungary with the highest inflation
In Hungary, which has the second highest inflation rate after Turkey with 25.2 percent in Europe, 43.74 kilograms of meat can be bought with a minimum wage of 578.74 euros and a kilogram price of 13 €23. In Latvia, which is the third highest inflation rate at 17.3 percent, 62.43 kilograms can be bought with a minimum wage of 620 euros, and 86.15 kilograms of red meat can be bought in Lithuania, which ranks fourth with a minimum salary of 620 euros. 840 euro. Following these countries in the inflation ranking, it is possible to buy 43.49 kilograms of meat in Serbia, 71.55 kilograms in Poland and 61.26 kilograms in the Czech Republic for a minimum wage.
Source: Sozcu

Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.