İLHAN KOYUNSEVEN: PULLING FOOD INFLATION DOWN NEEDS STRUCTURAL POLICIES
Istanbul Commodity Exchange (ISTIB) Vice Chairman of the Board Ilhan Koyunseven said that food prices were falling with the effect of the season, but while rejoicing, the importance of planned progress in agriculture should not be forgotten, besides not daily, yet long-term effects of structural measures should be taken into consideration... Speaking at the Istanbul Commodity Exchange's July assembly meeting, Koyunseven said that structural measures should be taken, not everyday, for the balance of food prices. Koyunseven stated that the inflation figures in June came down as a result of the decrease in the pressure of food inflation in the summer months and said: "We are constantly stressing the impact of food inflation on general inflation. We have experienced this once again. I would like to draw attention to this point only; fruit and vegetable prices have fallen. Producers whose profitability has decreased or even suffered, will review the sowing decisions f...