Inflation, rising prices dampen Eid festivities in Türkiye

STORY: Inflation, rising prices dampen Eid festivities in Türkiye SHOOTING TIME: April 7, 2024 DATELINE: April 8, 2024 LENGTH: 00:02:53 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of people on the streets and shopping for Ramadan in Türkiye 2. SOUNDBITE 1 (Turkish): ERTAN OZTURK, Candy vendor at Ankara's bazaar 3. SOUNDBITE 2 (Turkish): MUSTAFA YUKSEL, Jewellery shop manager at Ankara's historic Ulus neighborhood STORYLINE: Soaring prices in Türkiye have pushed consumers to tighten their purse strings this festive season, one of the toughest in years as households struggle to contend with soaring prices. Annual consumer price inflation rose to 68.5 percent in the Muslim-majority nation. Over 85 million are faced with the worst economic woes in decades. At markets in Türkiye's capital city Ankara, consumers say soaring prices meant they would not be able to celebrate Eid in the same way as in past years, and they have to settle for less. Small business owners are also feeling the sting of hig

Turks prepare for Ramadan amid record-high inflation

STORY: Turks prepare for Ramadan amid record-high inflation SHOOTING TIME: March 5, 2024 DATELINE: March 6, 2024 LENGTH: 00:02:50 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping 2. SOUNDBITE 1 (Turkish): YUSUF BULUT, 64-year-old shopper 3. SOUNDBITE 2 (Turkish): ENVER OZDURAN, 61-year-old retiree STORYLINE: As the holy month of Ramadan is set to kick off soon, millions of Muslims in Türkiye are feeling the shock of high inflation with an unrelenting rise in the prices of essential goods. Türkiye's capital city Ankara's historic Ulus Bazaar is generally the place to go when a typical Turkish family prepares the fast-breaking meal in the evening, the iftar. SOUNDBITE 1 (Turkish): YUSUF BULUT, 64-year-old shopper "Naturally we are excited about Ramadan. However, shopping for commodities ahead of the holy time is very challenging because of soaring prices. (02:30-02:36) It has become impossible to have a meal in a restaurant anymore. (02:36-02:40) This is unprecedented. In

Turks turn to second-hand goods amid economic woes, soaring inflation

STORY: Turks turn to second-hand goods amid economic woes, soaring inflation DATELINE: Dec. 9, 2022 LENGTH: 00:04:10 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of the old flea market at Itfaiye Square in the Ulus district of the Turkish capital Ankara 2. SOUNDBITE 1 (Turkish): MUKERREM KORKMAZ, Head of the second-hand goods sellers chamber 3. SOUNDBITE 2 (Turkish): NIHAT ERCAN, Shop owner at Itfaiye Square STORYLINE: Buying and selling second-hand goods has become popular in Türkiye as consumers are looking for affordable used products amid the country's economic woes and soaring inflation. At the decades-old flea market at Itfaiye Square in the Ulus district of Türkiye's capital Ankara, a multitude of shops now offer bargains such as used clothes, home appliances and furniture for low-income citizens roaming for the most essential products they need. SOUNDBITE 1 (Turkish): MUKERREM KORKMAZ, Head of the second-hand goods sellers chamber "You can buy and sell all kinds of products here in