Tridge summary
Recent research highlighted by Eurostat reveals a dramatic annual increase in meat prices in Turkey, with a record surge of 100.4 percent as of February, positioning Turkey as the country with the highest meat inflation in Europe. This stark contrast is evident when compared to the modest 3.3 percent increase observed across the EU's 27 member states. The situation in Turkey further escalated in March, with notable price hikes in lamb (18.8 percent), beef (14.7 percent), and chicken (12.2 percent). This inflation rate in Turkey significantly surpasses that of other European countries, with Iceland and Serbia experiencing the next highest increases in meat prices at 10.2 percent and 9 percent, respectively. Conversely, countries like Denmark, Finland, and the Czech Republic saw a decrease in meat prices, showcasing a diverse inflation landscape across Europe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Red meat prices continue to hurt pockets. A research conducted on this subject revealed the latest situation in meat prices in Turkey. Eurostat, the Statistical Office of the European Union (EU), shared February data. NOTABLE INCREASE IN TURKEY According to the report; Meat prices in the EU's 27 countries increased by 3.3 percent compared to the same month last year. Meat prices in Turkey also increased by 100.4 percent on an annual basis in February. Europe's first in meat inflation While meat prices decreased in some European countries, the increase in prices in Turkey was enough to make our country the first in Europe in meat inflation. INCREASED BY 18 PERCENT IN MARCH While the March inflation announced by TUIK was 3.1 percent, meat prices also started to rise in a short time. In March, lamb meat increased by 18.8 percent, beef by 14.7 percent and chicken by 12.2 percent. Thus, monthly meat inflation has doubled the annual inflation of European countries. COUNTRIES FOLLOWING ...
Source: Bursahakimiyet
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