United Public Workers Union: Annual Increase in Food Prices Reached 52 Percent.
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5 Articles
Food prices, which have been rising continuously for 76 months, slowed down somewhat in the summer but surged this month with a 2.73% increase. According to research by the United Public Workers Union, while the minimum wage was increased by 27% nine months ago, food prices alone rose by 41.5% during the same period.
KAMUAR's September report revealed the severity of the situation in the food sector. While food inflation reached a historic record high of 2,243 percent in the last five years, wage increases lagged far behind this rise.
According to research by the United Public Workers Confederation, food prices increased by 2.7 percent in September compared to the previous month. The increase in food prices reached 41.5 percent in the first 9 months of the year and 52.3 percent in the last year.
According to research by the United Public Workers Confederation, food prices have increased by 2,243 percent since September 2021.
Food prices rose 2.7 percent month-on-month in September and 52.3 percent year-on-year, according to a survey by the R&D unit of the United Public-Business Confederation, Kamuar. Prices have risen continuously for 76 months, while the unemployed, pensioners, wage earners and those on narrow incomes are at increasing risk of hunger and poverty.
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