Economic Indicators

Istanbul retail prices up 3.83% monthly in February -Chamber

FILE PHOTO: People shop at an open market in Istanbul, Turkey, December 5, 2022. REUTERS/Dilara Senkaya

ISTANBUL (Reuters) – Retail prices in Turkey’s largest city, Istanbul, rose 3.83% month-on-month in February for an annual increase of 78.62%, the Istanbul Chamber of Commerce (ITO) said on Wednesday.

Wholesale prices in the city, home to around a fifth of Turkey’s population of 85 million, increased by 2.38% month-on-month in the same period for an annual rise of 78.69%, ITO said.


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