🤔Write a comment if you convert to your national currency! Are these prices expensive for you or not? For our country, we think that prices are overpriced, especially for alcohol. In our country you can buy alcohol cheaper, food prices are also overpriced. In Turkey everything has become very expensive.

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HIGH PRICES IN TURKEY! Review of food, drink and alcohol prices in Carrefour Istanbul Supermarket "Soaring Prices at Carrefour Supermarkets in Istanbul Amid Economic Changes"Over the recent years, Istanbul, a vibrant city that finds itself at the crossroads of Europe and Asia, has been grappling with a wave of economic fluctuations. In this landscape, the French multinational retail corporation, Carrefour, that operates a network of supermarkets across Istanbul, has seen significant price escalations in 2023.Residents have been expressing their concerns over the hiked prices of essential items – from fresh produce to household utilities. In a departure from local expectations, Carrefour has been showing a consistently upward trend in price tags throughout their outlets in the city.A significant contributor to these high prices is the rising cost of logistics and transportation due to increased fuel prices at the international level. Given Turkey's position as a net importer of energy, the ripple effect of this scenario was destined to hit the country's economy and, in this case, the consumer at Carrefour.Moreover, inflation and fluctuating exchange rates have heightened the operational cost for businesses like Carrefour. They must pay more for imported goods due to the depreciating value of the Lira. Additionally, with local manufacturers also feeling the pinch of increased operation costs, even locally sourced items haven't been spared from the rising price phenomenon.New tax regimes in the country have also reportedly played a role in this. Various commodities have seen tax increases, directly affecting the final pricing for the consumer. Additionally, lockdowns and disruptions due to 2023's persistent pandemic conditions have hampered supply chains, creating difficulty in procuring items and further contributing to the price hikes.However, the situation has spurred a deeper conversation about competition and market practices in Istanbul's retail scene. Critics of Carrefour's new pricing structure argue more could be done to prevent passing these economic pressures onto the customer. They call for better management strategies and utilization of advanced predictive analytics to mitigate risks, minimize costs and maintain competitive pricing.Carrefour, meanwhile, justifies the pricing changes as necessary adaptations to challenging conditions. The company argues that the increased prices reflect broader macroeconomic trends beyond their control and ensures they are working tirelessly to renegotiate with suppliers, optimize operations, and strike a balance to provide cost-effective solutions to the consumers.While Istanbul's residents may hope for a return to more manageable costs of living, it seems evident that navigating through the current economic landscape will require a combination of strategic planning by businesses like Carrefour, appropriate intervention from the government, and more conscious, value-driven decisions by consumers. In this multifaceted challenge, everyone has a role to play.

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