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Analysis: Less for more in Turkey: costly food starves economic rebound

Analysis: Less for more in Turkey - costly food starves economic rebound

Analysis: Less for more in Turkey - costly food starves economic rebound
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Analysis - Less for more in Turkey: costly food starves economic rebound

5 Min Read ISTANBUL (Reuters) - Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Women shop at a local market in Istanbul, Turkey January 12, 2021. REUTERS/Murad Sezer Parents have switched to discount baby biscuits, the cost of eggs has nearly doubled in a year, and a mock photo is circulating on Twitter in which a man on bended knee offers a woman a can of cooking oil instead of an engagement ring. “We are buying only the absolute necessary and cheapest brands out there. All food prices are rising but especially baby formulas,” said Huseyin Duran, 43, an Istanbul father of three and security guard receiving partial state pay for lost work.

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