Turkey: New step for meat prices

Published 2024년 11월 21일

Tridge summary

Red meat prices in Turkey have surged up to 15 percent in the last month, with ground meat now costing 680 TL per kilo and imported beef cubes reaching 550 TL. Despite the Economic Dynamics Planning Board (ESK) stating there is no price increase, animal producers blame meaningless price hikes. In response, President Recep Tayyip Erdoğan has ordered the import of cattle from Uruguay and Brazil to address the shortage and control prices. Erdoğan's goal is to permanently increase the purchasing power of citizens and reduce inflation to digits. He assures that civil servants, retired persons, and minimum wage earners will not be impacted by inflation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Red meat prices have skyrocketed. While there have been price increases of up to 15 percent in the last month; the price of ground meat, which was 600 TL at the beginning of November, has reached 680 TL per kilo. While domestic beef cubes have increased from 600 TL to 700 TL in butchers, ground meat is sold in the range of 420-450 TL from 350 TL in markets. Again, imported beef cubes in markets have increased from 490 TL to 550 TL in the last month. According to the news in Türkiye Newspaper; While ESK says “there is no price increase”, animal producers say there is no problem in production and stock in Turkey and that meat prices have increased “meaninglessly”. ERDOĞAN GAVE INSTRUCTIONS After the exorbitant price increases in red meat prices, President Recep Tayyip Erdoğan stepped in. President Erdoğan announced that he gave the order to import cattle from Uruguay and Brazil accordingly. ERDOĞAN: "WE WILL TAKE A NEW STEP" Emphasizing that access to red meat will be provided with ...

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