Istanbul Planning Agency, which is under the IMM, revealed how the cost of living in Istanbul has changed in the last 12 months with the data collected from 3,000 points. Especially the increase in basic food prices is at a daunting level.
Turkey is about to end 2021 with a very bad decline in terms of purchasing power. Almost 100% increase in foreign exchange (The dollar was 7.43 TL on January 1, 2021) and accompanying increase in inflationhas caused us to see successive hikes in many products. While raw material and import prices increased in foreign currency, products, inflation and cost difference Of course, it reflected on us.
According to the latest statement made by the Turkish Statistical Institute, the annual inflation rate was recorded as 21.31%. On the other hand, the data shared by the Inflation Research Group, this rate is 58.65%. was showing. While the ‘real inflation’ debate was going on and it seemed to continue for a long time, a remarkable post came from the Istanbul Planning Agency.
How much has the cost of living in Istanbul increased in the last 1 year?
Established within the body of Istanbul Metropolitan Municipality, Istanbul Planning Agency has contributed to the increase in the cost of living in Istanbul in the last year. increase in product prices showed through. The table, which was prepared with data collected from 3,000 points in total, included the most basic products of a citizen in Turkey. The increase in the prices of food, personal care and cleaning products in the last 12 months was as follows:
- Sunflower oil: 137.59%
- Wheat flour: 109.14%
- LPG: 102.72%
- Toilet paper: 90.75%
- Granulated sugar: 90.71%
- Chickpeas: 75.15%
- Bleach: 75%
- Housing rents: 71.43%
- Egg: 40.21%
- Mince meat: 38.58%
- Gasoline: 37.25%
- Bread: 35.14%
According to the sharing made by the agency, the cost of living in Istanbul, in general, at a rate of 50.18% increased.
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