Dried Fruit

Dried apricots: producers confronted with soaring inflation

September 6, 2022 at 11:57 AM, Der AUDITOR
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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

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