AGL 38.96 Increased By ▲ 0.48 (1.25%)
AIRLINK 204.00 Increased By ▲ 0.98 (0.48%)
BOP 10.15 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.44 Decreased By ▼ -0.10 (-1.53%)
DCL 9.46 Decreased By ▼ -0.12 (-1.25%)
DFML 39.70 Decreased By ▼ -0.32 (-0.8%)
DGKC 98.65 Increased By ▲ 0.57 (0.58%)
FCCL 35.35 Increased By ▲ 0.39 (1.12%)
FFBL 83.63 Decreased By ▼ -2.80 (-3.24%)
FFL 13.78 Decreased By ▼ -0.12 (-0.86%)
HUBC 129.90 Decreased By ▼ -1.67 (-1.27%)
HUMNL 13.88 Decreased By ▼ -0.14 (-1%)
KEL 5.50 Decreased By ▼ -0.11 (-1.96%)
KOSM 7.35 Increased By ▲ 0.08 (1.1%)
MLCF 46.02 Increased By ▲ 0.43 (0.94%)
NBP 61.00 Decreased By ▼ -5.38 (-8.1%)
OGDC 223.60 Increased By ▲ 2.84 (1.29%)
PAEL 38.84 Increased By ▲ 0.36 (0.94%)
PIBTL 8.75 Decreased By ▼ -0.16 (-1.8%)
PPL 199.52 Increased By ▲ 1.64 (0.83%)
PRL 39.32 Increased By ▲ 0.29 (0.74%)
PTC 25.75 Increased By ▲ 0.28 (1.1%)
SEARL 106.60 Increased By ▲ 3.55 (3.44%)
TELE 8.90 Decreased By ▼ -0.12 (-1.33%)
TOMCL 36.69 Increased By ▲ 0.28 (0.77%)
TPLP 14.09 Increased By ▲ 0.34 (2.47%)
TREET 25.00 Decreased By ▼ -0.12 (-0.48%)
TRG 57.75 Decreased By ▼ -0.29 (-0.5%)
UNITY 33.33 Decreased By ▼ -0.34 (-1.01%)
WTL 1.70 Decreased By ▼ -0.01 (-0.58%)
BR100 11,834 Decreased By -56.5 (-0.48%)
BR30 37,230 Decreased By -126.3 (-0.34%)
KSE100 110,112 Decreased By -958.2 (-0.86%)
KSE30 34,575 Decreased By -333.8 (-0.96%)

ISTANBUL: Under a heavy winter sky, the grimly silent queue of people stretches around the corner from Bayram Duman’s kiosk, which offers discount bread for Istanbulites hurt by Turkey’s economic malaise.

Turkey’s cultural and historic capital has been offering cheaper bread for the poor at “Halk Ekmek” (“People’s Bread”) shops since the 1978.

But with prices soaring on everyday items as Turkey battles one of its gravest economic crises in decades, Duman says the queues are especially long this year.

“The prices have risen significantly at the bakeries. People keep coming,” the 50-year-old says.

The queues are a worrying sight for Turkey’s veteran President Recep Tayyip Erdogan, who is trying to fight inflation by slashing interest rates.

Comments

Comments are closed.