economy

Turkey’s Michelin chefs are fried by high inflation

Food price inflation at 35% is the world’s fourth highest after Venezuela, Iran and South Sudan

Turkey’s Michelin chefs are fried by high inflation

TL;DR

  • Food price inflation in Turkey has reached 35%.
  • This inflation rate is the fourth highest in the world.
  • Countries with higher inflation rates are Venezuela, Iran, and South Sudan.
  • The high inflation is significantly impacting Michelin-starred chefs and restaurants in Turkey.