Turkiye: TMO's flour sales policy will increase bread prices

CHP Niğde Deputy Ömer Fethi Gürer stated that the Turkish Grain Board had terminated the subsidized wheat sales for flour as of May and said, “Taking into account the increase in dollar and euro exchange rates after the elections, the calculations made taking into account the increases in inputs such as flour, yeast and salt. While there is talk that there will be an increase in bread prices, the change in the wheat sales price and bread price of TMO will reduce the bread on the table of fixed and low-income people," he said. Republican People's Party (CHP) Niğde Deputy Ömer Fethi Gürer stated that the reason for the anxiety among the citizens that the bread prices will increase exponentially in the coming months is the change in the sales policy of TMO. Gürer made the following statement regarding the change in wheat sales price: "TMO WILL LEAD TO NEW INCREASES IN FLOUR, BREAD, PASTA AND semolina PRICES WITH ITS ANNOUNCED SALES PRICE" "The termination of the 'flour regulation' ...