In Turkey, food inflation is at its lowest level in 1.5 years

food inflation

According to the June results of the “Hunger and Poverty Threshold” research conducted by Türk-İş (Turkish Confederation of Labour), food inflation decreased to its lowest level since January 2022, with an annual rate of 62.30%.

Limited movement was observed in the hunger and poverty indicators according to Türk-İş (Turkish Confederation of Labour) for the month of June.

According to the “Hunger and Poverty Threshold” research conducted by the confederation, food inflation in June stood at 0.1% on a monthly basis. On an annual basis, it reached its lowest level since January 2022, with a rate of 62.30%.

According to the research, the monthly food expenditure required for a family of four living in Ankara to have a healthy, balanced, and sufficient diet, also known as the poverty threshold, increased to 10,373 TL.

In May, this figure was 10,362 TL.

The total amount of monthly expenditures necessary for food, clothing, housing (rent, electricity, water, fuel), transportation, education, healthcare, and other essential needs, known as the poverty threshold, increased to 33,788 TL.

The ‘cost of living’ for a single employed individual also rose to 13,471 TL per month.

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