Agricultural Credit did not create the expected effect

Consumer Union Federation announced the TBF Market Index data for August. In a statement made by the Consumer Union Federation Agriculture It was observed that the discounts on approximately 30 products in the markets affiliated to the Credit Cooperatives were not reflected in other markets. On the other hand, only 9.68 percent in bleach and 9.30 percent in lentils fell in price in discounted products. On the other hand, Consumer Union Federation, which announced that the market basket, which was filled to 1,264,72 TL in July, was filled to 1,337,62 TL in August, announced that the one-month average increase in the market basket was 5.49 percent.

Noting that they have done on 208 products in 37 product groups consisting of packaged food, cleaning and hygiene products in seven different markets in three different provinces as of January 2022, Consumer Union Federation Market Index Working Group Chair Aygül Öner stated the results of the TBF Market Index data they created every month. announced to the public.

Stating that the discount that started in Agricultural Credit Cooperatives did not reflect on other markets, Aygül Öner said that the Agricultural Credit Cooperatives discount was ineffective. Reminding that about 30 products were discounted in the markets affiliated to the Agricultural Credit Cooperatives upon the instruction of President Recep Tayyip Erdoğan, Aygül Öner said, “It was claimed that the prices in other chain markets would decrease with this discount. When we compare the product groups that are discounted in the Agricultural Credit Cooperatives markets and the product prices in the chain markets within the scope of the TBF Market Index; only 9.68 percent in bleach and 9.30 percent in lentils. There is no price change for bulgur, tea, pasta, chickpeas, milk, sugar, Turkish coffee and flour. On the contrary, it is 2.90 percent in sunflower oil, 4.1 percent in dishwashing detergent, 10.7 percent in laundry detergent, 29.9 percent in beans, 10.8 percent in napkins, 11.1 percent in cheese, 16.5 percent in rice, 22 percent in tomato paste. 2, 10 percent in chicken, 21.5 percent in eggs, 25.5 percent in olives. In the light of these data, it was seen that the discount in the markets affiliated to the Agricultural Credit Cooperatives did not affect the other stakeholders of the sector and did not reduce the prices in the chain markets.

8-month price increase by 182.2 percent

Stating that the price increase in the January-September period of this year was 182.20 percent, Aygül Öner stated that the increase in the Consumer Union Federation Market Index is predicted to be around 223.20 percent in the simulation made for the end of the year, based on the increase in the rate of increase.

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