Turks spend less on basic foodstuff amid soaring inflation

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Turks spend less on basic foodstuff amid soaring inflation

STORY: Turks spend less on basic foodstuff amid soaring inflation DATELINE: Nov. 21, 2022 LENGTH: 00:02:19 LOCATION: Ankara CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of Ankara city view 2. various of the "Breakfast Festival" 3. SOUNDBITE 1 (Turkish): SEDAT GOKSEL GUDU, Dairy producer from Trabzon Province, Türkiye 4. SOUNDBITE 2 (Turkish): BURAK YALCIN, Bee farmer from Sivas Province, Türkiye 5. SOUNDBITE 3 (Turkish): TULAY ZOR, Olive and olive oil producer from Aydin Province, Türkiye STORYLINE: Inflation in Türkiye has been on an uninterrupted rise since May 2021. Turkish households have seen a sharp decline in their purchasing power despite government anti-inflation measures and salary increases. Official data show that Türkiye's annual inflation surged to 85.51 percent in October, the highest in 24 years. The cost of food and non-alcoholic drinks increased by 99.05 percent. Financial hardships are pushing consumers to spend less on basic foodstuff. Participants of the Breakfast Festival, where

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