In the real estate sector, too, prices are rising rapidly due to inflation.
(Photo: Bloomberg)
Istanbul, Yediburunlar Mustafa has the best seat in the market and still has nothing to do. The 47-year-old sells vegetables every Thursday in the Feriköy bazaar in the Istanbul district of the same name. But there are hardly any customers. “Fresh tomatoes now cost ten lira per kilo, it used to be four,” he says, adding: “Nobody can afford that anymore.”
That same evening, in a posh restaurant on the Istiklal shopping street. In one corner, a waiter is flambéing a dish in front of the guests before serving it. A musician plays the saxophone.
A fillet steak is on the menu for 450 lira. That is the equivalent of around 41 euros. In Turkey, that’s one sixth of the Turkish minimum wage, excluding drinks and tips – for a single dish. The restaurant is filled to the last seat.
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