Türkiye’de Gıda Fiyatlari: Küresel Gıda Fiyatlarıyla Ayrışma Analizi


Şişman D., Şişman M.

EconTR2024@Marmara V. International Conference on Economic, İstanbul, Turkey, 16 - 18 May 2024, pp.60-61

  • Publication Type: Conference Paper / Summary Text
  • City: İstanbul
  • Country: Turkey
  • Page Numbers: pp.60-61
  • Istanbul Gelisim University Affiliated: Yes

Abstract

The main question of the study; It is about why food prices are rising in Turkey while global food prices are falling. The problem of divergence in food prices; The exchange rate in Turkey will be questioned through food supply flexibility, domestic and foreign terms of trade, food input prices and global climate change. In this context, it will be analyzed structurally in terms of processed food production and prices through the use of technology in agriculture. In the global food index, high input prices due to Covid-19 and the subsequent Russia-Ukraine war also significantly determined global inflation. However, after the food corridor opened by Russia, it is observed that global prices of many agricultural products, especially wheat and sunflower, have approached their previous levels. Despite all these developments, there has been no significant decline in food prices in Turkey, and it is observed that the rate of price increase continues. In this context, the study will discuss why the base effect does not work in Turkey. On the other hand, in the food sector where demand elasticity is low; The conditions of prices will also be evaluated in terms of demand structure. Finally; The impact of the increase in food prices on segments of society with low purchasing power will be analyzed.