Increase in tea prices exceeded 100 percent in 5 months
Tea prices have increased by 101.7 percent in the last 5 months…
TürkiyeOnce again, tea, one of the traditional drinks of interest done. Thus, ÇAYKUR increased the price of tea by 101.7 percent in the last 5 months. After the increase, the price of the most consumed Rize Tourist Stream increased to 151.5 TL.
The price per kilogram of ÇAYKUR’s most consumed tea in January was 75 TL 5 months ago. With the end of the elections, the price of tea, which was 75 TL, started to increase on June 8. With the consecutive increases, the price of tea reached 151.5 TL. ÇAYKUR, which increased the prices of dried tea by 43 percent on June 8, decided to increase it by 9.5 percent on July 14. On August 15, the organization made a third increase in tea prices by 4.5 percent. ÇAYKUR increased the price of tea by 15 percent on September 12. Thus, the price of 1 kilogram of tea in the markets rose above 120 lira. With the last increase made by the institution, the price of 1 Kilogram of tea exceeded 151 lira, and the prices have increased by 101.7 percent in the last 5 months. It has suffered a total loss of 2.8 billion lira since 2017, when it was transferred to the Wealth Fund. The institution’s debt to banks amounts to 4.8 billion TL.
