Categories: Economy

The champion of the rise of the presidential system, milk.

The champion of the rise of the presidential system, milk.

■ Hülya Keskin ORUÇOĞLU

TürkiyeThe transition to the presidential system sent the economy out of control. The main problems of the economy, from agriculture to industry, from the dollar to inflation, have almost given rise to alarm in the last 5 years. The expectations that the problems of the economy would be solved by a single company as a company with the rapid decision-making process did not find their way. The monetary policy of the economic administration caused exchange rates to peak on the one hand and high inflation on the other.

BIG TABLE

With an inflation rate of 85 percent, Turkey has become the first among the European countries and the second country with the highest inflation among the G20 countries. Income inequality and rising food prices also exacerbated the livelihood problem.

Economist Dr. In the calculation of Murat Kubilay, prepared from the data of the Turkish Statistical Institute (TUIK), the fact that the product with the highest price increase after the Presidential Government System is milk with 553, 11 percent, shows once again that access to food is one of the most important problems. According to Kubilay’s calculations, the fact that 25 of the 40 products whose prices have risen the most in the last 5 years are food products is an indicator of this dire panorama. According to TUIK data, the products whose prices increased the most in the last five years after the transition to the presidential system were pasta with 547.34 percent, jewelry, watches and wristwatches with 508.71 percent, and washing machines, dryers, and dishwasher with 508.22 percent.

Beef was also among the products with the highest price increase with 500.57 percent.

‘There has been an explosion in the last five years’

Presidential Stating that there have been high price increases on products frequently used in daily life and preferred by low- and middle-income citizens since 2018, when the system was introduced, Economist Dr. Murat Kubilay said: “Before the presidential system, we did not there was such a clear trend. There has been a boom in the last five years. In this process; the middle income became impoverished and the low income could no longer meet their basic needs without social support. Global food prices, on the other hand, have been declining for the past year.

Source: Sozcu

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