the prices of a group of consumer goods in Turkey is said to have been refined after specialization retailers announced Wave of discount initiatives and price Freezes in bid to help Tame stubborn inflation.
the move Came after meetings and calls government officials, who Urge companies to do more To curb the skyrocketing consumer prices that were moderate over the last Two months after hitting 24-year high in October.
Major supermarket chains, including Migros, Şok Marketler, A101 Yeni Mağazacılık and Happy Center, announced Earlier this month they froze prices of thousands of daily merchandise.
Happy Center Istanbul North Anatolia Regional Director Özkan Kaya said that they adhered to officials’ calls and launched discounts. on January 11, adding that it will be extended full support for families. Happy Center said it would fix the prices of Many products offer discounts of up to 20% on a group of Food and inedible goods.
“We have carefully chosen which products are most needed and which will be the most efficient for people when it comes to product discounts. We will continue our business work of Reducing prices and fixing them to the end of January, Kaya told Anadolu Agency (AA).
“we are waiting for Citizens to take advantage of these discounts in our stores. I think participating of other sectors in These discount campaigns will contribute to fight against inflation added.
the government had warned leading Grocery chains after a new reported wave of price Hiking after the country announced more in minimum wage for 2023.
The Minister of Treasury and Finance, Noureddine Al-Nabati, called on retailers To act and stress exploitative pricing will not be accepted, and to demand markets not to increase or fix the prices for certain period.
Al-Nabati and Trade Minister Mohamed Moush separately met senior executives of leading retailers newly. Muş warned government Never will allow unfair price intended to disable market system and performance.
OK announced Prices will freeze of about 1000 basic Consumer goods – from rice, pasta, pulses, flour, tea, coffee, sugar and oil to various vegetables – throughout the month of January.
Migros announced It was price fixing of 419 of its own goods with discounts on more From 3000 products. He. She also Prices froze of Many necessary itemsincluding oil, flour, tea, sugar, pulses, detergents and diapers for This month.
owner of one of the biggest store Networks across Turkey, A101, said they would freeze prices of 2,023 basic Goods throughout January.
Likewise, Carrefour said announced discounts of between 20% and 40% on the prices of 20,000 food and inedible products for This month.
consumer price index in The Turkish movement slowed to an extreme pace in more from U.S quarter century in December 2022.
Annual inflation rate fell sharply to 64.27% in December of 84.39% reported in November 2022 decline It was mainly driven by the so-called favorable base effect and distinction a second direct drop after inflation hit 24-year high of 85.5% in October.
the government announced 55% increase in the official less pay for 2023. The minimum wage has tripled in the past year, raise state salaries and raise pensions for millions to relieve pressure on Most households stem from high rates of inflation.
President Recep Tayyip Erdogan also announced scale would allow over 2 million citizens to retire early. He said the minimum wage might go up again during the year if necessary.
the government last year He introduced many relief measures to help Mitigating the repercussions of inflation, including the cap on rent increase, reduced taxes on Utility bills and statement of Great accommodation project for Low-income families.
Happy Center customer Okan Cegli confirmed his satisfaction with the move And he called for Discount campaign to be expanded.
“We expect discounts to become widespread and that we have government concentrate on This matter in in a very assertive way. Prices are appropriate as per region. Hope it will be your purchase power It will get better with Cigley said.
