Middle East

Istanbul August retail prices up 1.88% m/m -chamber

ISTANBUL, Sept 1 (Reuters) – Retail prices in Turkey’s largest city Istanbul rose 1.88 percent month-on-month in August for an annual increase of 18.89 percent, the Istanbul Chamber of Commerce (ITO) said on Wednesday.

Wholesale prices in the city, home to about a fifth of Turkey’s population of 84 million, increased by 1.42 percent month-on-month in the same period for an annual rise of 28.36 percent, ITO said.

Reporting by Ezgi Erkoyun Editing by Daren Butler

Women shop at a local market in Fatih district in Istanbul, Turkey January 13, 2021. Picture taken January 13, 2021.

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