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Turkey: Deficiencies in 653 medicines – What about inflation

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Shortages of medicines are observed in the Turkish market in the shadow of the collapse of the economy and the rapid devaluation of the pound, which is at the lowest levels in its history.

653 mainly imported drugs, including insulin, drugs for COPD, cholesterol and antibiotics for children are missing from the shelves of pharmacies and drugstores. As prices change from hour to hour rather than per day, importers do not know at what price they will buy the products and refuse to market them. By order of the Turkish presidency, there is a prosecutor’s intervention on the issue of lack of medicines.

At the same time, with restrictions, coffee, oil and sugar are now sold in supermarkets.

The dollar today has reached 13.13 pounds, very close to yesterday’s record of 13.27. Large companies and wholesalers are already demanding payments in dollars and euros, pushing retail prices to new heights. So the big supermarkets inform the consumers that they can buy up to two packages of coffee, sugar, and oil.

According to the Turkish Statistical Service, October inflation was at 20% with food but at 27%, while for the next two months the forecasts want inflation to rise to 25% or even 30%, mainly due to its dependence. Turkey from imported raw materials and energy.

As SKAI’s correspondent in Turkey Manolis Kostidis explained in the market, they estimate that inflation actually exceeds 40% and especially in food 60%.

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