TURKEY: REDUCING COST PERMITS FOR IMPORT MEAT
With a rise of one point on the expected target of 6.5% inflation rate in 2016 the increase in the price of red meat represents a critical factor on consumption. Therefore, the government precisely to avert a further reduction, it will ease the cost of permits for the import of meat.
Rising food prices and the depreciation of the lira were indicated by the Turkish Minister of Economy Mustafa Elitas as the two main factors that influenced the inflationary trend of recent years.
The operation on permits for import is part of a more structured plan to rein in the general inflation trend.
Good news for the many Italian companies of industry and trade of meat and dairy products in Turkey could record in perspective a rising in market share.