Announcement: April’s Biggest Price Fluctuations in Products
The Istanbul Chamber of Commerce (ITO) has released data on the changes in retail prices of various products in the city for the month of April. According to the report, out of 242 products in the Istanbul Wage Earners Living Index, the prices of 155 products increased, 26 products decreased in price, and 61 products remained unchanged.
Children’s blouses saw the highest price increase in April, with a significant jump of 48.27 percent in the children’s clothing subgroup. Other products that experienced price hikes included women’s underwear (44.76 percent), women’s blouses (44.32 percent), and men’s underwear (36 percent). Additionally, women’s dresses, letter sending fees, women’s skirts, children’s socks, lemons, and men’s trousers also saw notable price increases.
On the other hand, eggplant saw the largest price decrease in April, dropping by 40.88 percent in the fresh and dried vegetables and fruits subgroup of food expenditures. Other products with price decreases included cucumber, green beans, peas, green onion, green pepper, and curly salad.
The fluctuation in prices of these products reflects the changing dynamics of the market and consumer behavior in Istanbul. This data is crucial for businesses and consumers alike to make informed decisions about their purchases and financial planning.
