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Istanbul retail prices rise 0.07% month-on-month in June – Metro US

Istanbul retail prices rise 0.07% month-on-month in June

People shop at a tent set up by the municipality
People shop at a tent set up by the municipality in Bayrampasa district of Istanbul

ISTANBUL (Reuters) – Retail prices in Istanbul, Turkey’s biggest city, rose 0.07% month-on-month in June for a year-on-year rise of 12.97%, the Istanbul Chamber of Commerce said on Wednesday.

Wholesale prices in Istanbul, home to about a fifth of Turkey’s population of 83 million, declined by 2.29% month-on-month in June for a year-on-year rise of 6.61%, the chamber said.

(Reporting by Ali Kucukgocmen; Editing by Jonathan Spicer)

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