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INFLATION HAS REACHED 93.6%
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INFLATION HAS REACHED 93.6%

ONEPIC Economy Life Politics Uncategorized 56
Food price inflation in Turkey seven times the OCED average.
Turkey’s agricultural economy is going on worse as the share of country’s agricultural imports in total imports increased from 5.9% to 7.7% over the last 20 years.
The share of agricultural exports in total export decreased from 13.2% to 11.8% in the same period.
The organization for economic cooperation and development has declared a report about its 38 member countries’ support for the agricultural sector and the sector’s development in the last 20 years. The report shared statistics with regars to the food price inflation in the OECD countries. While the year on year inflation for food prices reached 12.59% on avarage in the OECD countries, it was recorded as 93.9% for Turkey.

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