Why are meat prices on the rise before Ramadan in Turkey?
Meat
Turkiye
Published Mar 10, 2023
Original content
While food prices are declining in the world, double-digit increases are experienced especially in meat prices in Turkey. As the month of Ramadan approaches, the increase in meat prices cannot be prevented. Well, what are the reasons for this? Meat prices in Turkey continue to increase this year as Ramadan approaches. Since the beginning of the year, the rate of increase has reached 50 percent. The increase in meat prices also showed itself in the February inflation data of the Turkish Statistical Institute (TUIK). Looking at the details of the inflation data, a 10.31 percent increase in beef prices in February compared to the previous month is striking. The prices of dairy products continue to increase. In February, there was a price increase of 10.25 percent in cheese and 8.24 percent in butter. In the statement made by the National Red Meat Council on March 2, one day before the inflation data, monthly and annual increases in red meat prices drew attention. According to weekly ...
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