Türkiye sees 3.39% increase in food prices, November 2024

The Türkiye Economic Policy Research Foundation (TEPAV) announced that food prices rose by 3.39% in November 2024, according to the Food Price Index (TEGE). This monthly increase contributed to an annual food inflation rate of 45.66% as of November.

Key price changes in fresh produce and other categories

In the fresh fruit and vegetable category, notable price fluctuations included:

Largest price decreases: Lemon, pear, and potato.
Largest price increases: Red cabbage, cabbage, and eggplant.

For non-produce items:

Largest price increases: Cocoa powder beverages, eggs, and raisins.
Largest price decreases: Turkish delight, kashar cheese, and peanuts.

A man looks at a butcher shop window in Ankara, Türkiye February 16, 2022 (Reuters Photo)

Comparative data from other organizations

TEPAV's findings align closely with other reports:

Turk-Is Kitchen Inflation: 0.64% monthly increase; 46.01% annual food inflation.
Istanbul Chamber of Commerce (ITO) Cost of Living Index: 3.28% monthly increase; 52.61% annual food inflation.

Data from other organizations, including TurkStat, CEFIS, and ENAG, for the same period is yet to be released.