Due to inflation, apples in Turkey have gone up more than 300%

Published 2022년 12월 27일

Tridge summary

Inflation in Turkey has led to a significant increase in the prices of fruits, with tangerines and apples seeing over 300% increase year-on-year. The economic crisis has made it difficult for less affluent consumers to afford basic food products. Meanwhile, in Poland, despite high inflation, apple producers are receiving less money for their fruit due to an oversupply and lack of markets. The Central Statistical Office calculated the inflation in Poland in November at 17.4%, but independent calculations put it at over 40%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Raging inflation means that, regardless of the country, less affluent consumers cannot afford more and more basic products. In Turkey, the prices of the most popular fruits have increased by more than 300% year-on-year. The economic crisis in Turkey is manifested primarily by very high inflation. This in November exceeded 80%. In such a situation, the daily purchase of basic food products becomes a challenge for poorer citizens. Tangerine and apple prices increased more than 300 percent year-on-year. The price of tangerines increased from 1.80 lira (PLN 0.42/kg) to 7.84 lira (PLN 1.84/kg), i.e. by 335 percent. In the case of apples, we are talking about an increase of 312 percent from 2.97 lira (0.69 PLN/kg) to 12.26 lira (2.86 PLN/kg). If inflation increases, the prices of products in stores increase. The prices of all products should increase, because the same mechanisms apply to all entities on the market. Unfortunately, in Poland, inflation somehow missed the apples. Prices in ...

Source: Sad24