Price hike after May 14 elections
In the new week starting May 15, compared to the previous week, there were large and small price increases across different product groups, from grocery staples in markets to menu prices in some restaurants, from grocery cleaning and hygiene to diesel, second-hand automotive and some brands of telephone.
When we look at the price comparison before and after the choice in the chain markets, a kilo of tea rose 4 percent to 78.5 TL, 830 grams of tomato paste rose 7.8 percent to 34, 5 TL and a kilogram of red lentils increased by 22.8 percent in 24 hours in a week. We observed it by .5 TL.
While 1.2 kilos of baby food, which was 345 TL in the election week of May 14, increased by 15.6 percent to 409.5 TL in one week; 12-pack of baby wipes rose 28.3 percent to 208 TL.
Hayrettin Ertemel, president of the Istanbul Motor Vehicle Dealers Association (IMAS), said second-hand vehicle prices increased by 50 percent after the election.
SOME PRODUCTS TIME AFTER THE ELECTIONS
PRIMARY HIGH AFTER THE SECOND ROUND
Speaking to Sozcu.com.tr, the president of the Association of All Restaurants and Tourism (TÜRES), Ramazan Bingöl, said that the increase in menu prices was due to the increase in meat prices; Food Retailers Association Board Member Erdal Tüfekçi informed that starting this week, there are big and small price changes in some products, with the biggest increase being experienced in sunflower prices.
United Brands Association (BMD) President Sinan Öncel, on the other hand, stated that price increases are also pending due to pending demand on the ready-to-wear side; He affirmed that the companies will determine the tariff increases according to the demand after the end of the second round of the presidential elections.
“Currently, the demand is low. People did not go on vacation, mobility did not begin. Since Mother’s Day coincided with the election, we also couldn’t feel any activity in sales that day.
MOST RED MEAT WAS HIRED DURING THE ELECTION PERIOD
On the other hand, like sozcu.com.tr, when we look at price changes in the last month of the electoral period, we see that prices increase in many products, from red meat to dairy products, from tea and tomato paste. to dried walnuts, were mainly observed in red meat products.
Consequently, it was seen that in the chain markets, where 250 grams of sausage was 105 TL in April, the product of the same brand and the same weight increased to 153.50 TL in May. While the price of 430 grams of sausage increased from 100 to 120 lire, the weight of the leg of lamb increased from 296 to 343 lire.
A kilo of tea, whose weight went from 55 lira to 75.50 lira, increased by 37.2 percent in a month, while a kilo of aged cheddar cheese went from 185 lira to 240 lira in a month; 830 grams of tomato paste increased from 27 lira to 32 lira.
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.