indeed, and then would back to my conclusion - it varies from merchant to merchant, or maybe that number isn't so important after all? I mean better focus on what we can control right, by hand selecting good and honest people to buy things from:)

Natalia

That's not a bad way to compare. Maybe better to compare to some native brand, instead of imported products.

0348090484

thanks, and an interesting way to see it.

and sharing one more fun fact, Starbucks is cheaper than the local good cafe here 😂

bitcoin

deleted by author

Great post @Natalia. 

I usually use the big mac index (https://www.economist.com/big-mac-index) to demystify inflation in Turkey. 

in January 2021 the price of a Big Mac was 14.99TL. USD exchange rate was 7.47TL/USD. Now a Big Mac costs 145TL (~10X) and USD costs 29.72TL (~4X) This means if they'd let the USD go, it should be at 70 - 75TL/USD