Record increase in diesel liter price: Exceeded 100 liras in Ankara
The liter price of diesel in Ankara rose to 101.50 liras with the latest hike, leaving the 100 TL threshold behind.
With the new hike in the liter price of diesel, the 100 lira psychological threshold was crossed in Turkey. With the increase effective from September 17, diesel began to be sold for 101.50 liras in Ankara.
Historical Threshold in Diesel Prices
With the new hike in the liter price of diesel, the 100 Turkish Liras threshold was officially crossed and the new prices were reflected on the signs.
New Fuel Tariff in Ankara
As a result of the price increases reflected at the pump, the liter of diesel in the capital Ankara rose to 101.50 liras and citizens encountered the new figures.
Citizens' Reaction to Cost of Living
Reminding that the minimum wage is 27 thousand liras and the retiree pension is 23 thousand 500 liras, citizens pointed out that purchasing power has declined.
Expectation of Impact on Transportation and Food Sector
The fuel hike is expected to affect all basic spending items, from transportation to food, vegetables, and fruit, as well as intercity freight transport.
Inflation and Geopolitical Crisis Debate
Although Treasury and Finance Minister Mehmet Şimşek attributed the rise in inflation to external geopolitical developments, figures showed that pressure continued even before the crisis.
Central Bank Target Revisions
In criticisms regarding the performance of the economic management, it was recalled that the CBRT and related institutions have changed their inflation targets 17 times since 2021.