Turkiye: No change in bread price

Published 2024년 10월 9일

Tridge summary

The President of the Turkish Bakers Federation, Halil İbrahim Balcı, has announced that the price of bread in Turkey will remain unchanged for this month. This decision comes despite the challenges posed by increased flour and input prices. Balcı has been working with various ministries and institutions to address these issues. He also mentioned that the large harvest this year, although of low quality, has led to higher prices in certain regions due to the desired product quality. Balcı stressed the importance of keeping the price of bread reasonable and ensuring it does not exceed a 25% margin with the minimum wage.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Halil İbrahim Balcı, President of the Turkish Bakers Federation, stated that no change is foreseen in the price of bread this month and said, "If our work does not yield results, this will have a serious impact on the price of bread after this month." Balcı, who is also the Deputy Chairman of the Confederation of Turkish Tradesmen and Craftsmen (TESK), said in a press conference held at the Federation Headquarters that the increase in flour and input prices in the last month has been challenging for bakers. Balcı, who stated that these increases make an increase in the price of bread inevitable, said, "We have done the necessary work with the relevant institutions on what to do about these increases. We have been working with our Ministry of Trade, Treasury and Finance." Balcı reported that the harvest this year was greater than usual, 14.5 million tons of bread wheat and 12 million tons of wheat used in bread flour were harvested. Balcı, who stated that although the harvest ...
Source: Sondakika

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