According to the Q1 Market Bulletin, the cost of the Minimum Expenditure Basket rose to TRY 576 between January and March 2021, indicating a 14 percent increase from March 2020. While the inflation rate stood at 16.2 percent, the food inflation was actualized at 17.4 percent, leading to a decrease in the purchasing power during the reporting period. Also, these figures revealed an increase of the cost of living, especially in the south-eastern and eastern regions.
WFP Turkey Q1 2021 - Market Bulletin
The Q1 Market Bulletin has shown that the Minimum Expenditure Basket costs TRY 576 per person, representing an increase by 4 percent compared to the same period last year.