Erdogan's economic policies cause Istanbul's retail prices to rise 19.27%

Accidents

Turkish President Recep Tayyip Erdogan's policies have caused a dramatic rise in commodity prices in the market, increasing the suffering of the Turkish people, especially in light of high unemployment rates.

Turkish newspaper Zaman reported that retail prices in Istanbul rose 19.27 percent in May, while wholesale prices rose by 23.56 percent over the same period last year.

According to the opposition daily, the Istanbul Chamber of Commerce's wage earners index showed an average annual increase of 17.33 percent from May, while the wholesale price index recorded an average annual increase of 22.77 percent.

The Turkish newspaper Zaman opposition reported that during the month of May last month, retail prices in Istanbul rose by 1.02 percent compared to last month; while wholesale prices rose by 2.17%, and during the same month and compared to the same month last year, the average annual increase in prices Retail sector accounted for 19.27%; while the average annual increase in wholesale prices was about 23.56%.