ITO Announced the Products with the Largest Price Increases and Decreases in July 2016

ITO announced the products with the largest price increases and decreases in July 2016

The Istanbul Chamber of Commerce (ITO), in order to ensure market transparency and inform the public, announced the products with the largest retail price increases and decreases in Istanbul in the past month of July, together with their prices and rates of change.

In July 2016, of the 242 products included in ITO's Istanbul Wage Earners' Cost of Living Index, the retail prices of 68 increased, the prices of 54 products fell, and the prices of 120 products remained unchanged.

IN JULY, THE PRICE OF TOMATOES INCREASED BY 37.14 PERCENT
Tomatoes, included in the food expenditures group, were the product with the largest price increase as of July 2016, at 37.14 percent.

Other items whose prices increased were green beans at 18.84 percent, letter postage fees at 14.29 percent, and intercity bus ticket fares at 11.30 percent.

PEARS DROPPED BY 29.20 PERCENT
In July 2016, due to the increase in product supply, pears were the product with the largest price decrease, falling by 29.20 percent.

Other items whose prices decreased were skirts from the women's clothing group at 26.71 percent, women's dresses at 25.50 percent, and okra at 24.25 percent.

NOTE: Tables regarding the products with the largest price increases and decreases in July 2016 are attached.

  Click to download the Attachment.