Turkey: Tea price hike exceeded 110 percent

When calculating the Consumer Price Index (CPI), the share of food and non-alcoholic beverages in the index has been increased to over 25 percent for the last 3 years. The share, which was 25.94 percent in 2021, was 25.32 percent last year and 25.43 percent this year. Tea is one of the most consumed products by consumers. According to Trabzon Commodity Exchange data, tea is consumed from 245 million bars a day in Turkey. In other words, 735 million cups of tea are consumed per month and 8 billion 820 million cups per year. In other words, it is almost impossible to find a person in Turkey who does not drink tea, except in very special cases. 1 KG OF TEA EXCEEDS 150 TL Tea prices have increased repeatedly since the second half of the year. While tea prices increased by 88 percent in the ...