Turkey to open 1,000 new markets to counter inflation, Erdogan says By Reuters

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ยฉ Reuters. Turkeyโ€™s President Tayyip Erdogan addresses members of parliament as he attends the reopening of the Turkish parliament after the summer season recess in Ankara, Turkey, October 1, 2021. Murat Cetinmuhurdar/PPO/Handout by way of REUTERS

ISTANBUL (Reuters) โ€“ Turkish President Tayyip Erdogan mentioned on Sunday the federal government had ordered cooperatives to open about 1,000 new markets throughout the nation to offer โ€œappropriateโ€ costs for client items, as annual inflation rises towards 20%.

โ€œThese are locations the place costs are appropriate to our residentsโ€™ budgets,โ€ Erdogan mentioned after visiting an agricultural cooperative outlet in Istanbul, including that the deliberate new shops would assist stability out markets.

โ€œWe gave the order for about 1,000 of those companies to open round Turkey, beginning at 500 square-meters every,โ€ he advised reporters.

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