"October Price Increase Champions and Price Decreases in Istanbul"

Istanbul Chamber of Commerce (ICO) October Report

The Istanbul Chamber of Commerce (ICO) has announced the retail price movements for the period of October 2023. This report provides an important reference point in shaping consumer spending, while also revealing the details of price increases and decreases in Istanbul.

Products with Price Increases in October

In October, among 336 main products in the index, 227 products recorded a price increase. The standout price champion was women's coats, which saw an increase of %54.39. Following this, men's jackets %51.05, men's boots %47.64, and women's boots %46.48 also ranked high.

Other notable price increases were recorded for men's sweaters at %40.80, women's jackets at %40.02, and women's sweaters at %38.36. During October, significant increases were also observed in fresh vegetables and dry food products; cucumber prices rose by %31.29, children's jackets by %30.40, hazelnut kernels by %23.03, and charliston peppers by %21.30.

Products with Price Decreases in October

The product with the most significant price decrease in October was toys, which saw a decrease of %15.95. Following this category were wine at %14.38, fresh green beans at %13.55, and mandarins at %12.81.

Additionally, curly lettuce prices decreased by %10.40, while intercity bus ticket prices fell by %7.05. Spinach saw a decrease of %6.46, and paper tableware materials experienced a decline of %4.41. Furthermore, carrots decreased by %3.82, lemons by %3.72, and parsley by %3.23.