Dried Fruit

Dried apricots: producers confronted with soaring inflation

September 6, 2022 at 11:57 AM , Der AUDITOR
Play report as audio

MALATYA. Turkey’s inflation has exceeded 80% for the first time in 24 years and much worse is in store for the country’s economy. This has dire consequences for dried apricot producers.

Inflation hits 24-year record

Inflation hit a 24-year high of 80.21% in August as news agencies report. According to the Turkish Statistical Institute (TUIK) month-on-month consumer prices rose by 1.46%. The monthly domestic producer price index also climbed by 2.41% in August. Prices for food and non-alcoholic drinks, in addition, surged by 90.25% year-on-year. Suppliers and traders, however, report that the situation is far worse than these official figures suggest, and opinion polls show that around 50% of the people living in Turkey reckon that inflation is far

View related articles

Go to the News Overview
Dried Fruit
May 16, 2024
REUS/TEHRAN. As the latest INC estimates show, Saudi Arabia will remain the most important producer of table dates in the 2024/25 season. Iran, meanwhile, has recorded a significant increase in exports.
Nuts
May 15, 2024
MANILA. The extremely high temperatures in the Asian countries of origin are likely to exacerbate the commodity shortage for the 2025 crop. A similar scenario was already observed last year.
Dried Fruit
May 14, 2024
AYDIN. Turkish dried fig farmers have to hurry to prepare their plantations for the coming season due to the warm temperatures. Global dried fig production is expected to increase by 9% in 2024.
Dried Fruit
May 14, 2024
MANISA. The hailstorms on the first weekend of May are said to have caused damage to vines in some of Manisa's growing regions. Meanwhile, the current production estimates for the coming season were published during the International Nut and Dried Fruit Congress last week.