16 December, 2018

Turkey: Beer prices up almost fivefold in the last ten years

Beer prices in Turkey rose almost fivefold in the last ten years, according to the data released by Veri Kaynağı (Data Source), a watchdog monitoring socio-economic developments in the country.

The average price of a bottle of beer was 2 Turkish liras in 2009, but it jumped to 10 Turkish liras at the end of 2018.

People who continue to consume alcoholic beverages are concerned with the rising prices, mainly caused by the increasing private consumption taxes in the country, according to Turkish news site T24.

Turkish authorities added an additional 15.5 percent special consumption tax to alcoholic beverages in July. Turkey's stiff alcohol taxes in recent years have led to catapulting prices for beer and the country’s famous anise-flavoured brandy called raki. Some consumers have begun to produce home-made alcoholic beverages due to high taxes.

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