Citizens wake up with augments in Turkey
ANKARA (DİHA) - Daily goods such as fuel, cars, cigarettes, alcoholic drinks and mobile phones had all gone up in price with the turn of the calendar. After a raise imposed on fuel prices, Turkey has become the mainstream economy with the most expensive gasoline in the world.
The government increased special taxes on the goods a day after announcing a 5 percent hike in the minimum wage for workers. The Finance Ministry announced it would ramp up a number of fees it collects, including the private consumption tax (ÖTV), implemented on tobacco products and value added tax (VAT) by 3.93 percent. The ÖTV share in auto prices that used to vary between 40 and 130 percent rose to between 45 and 145 percent.
Accordingly, normal cars could cost upward of 3,000 Turkish Liras more, with luxurious cars being subjected to even higher price hikes. Market analysts said the difference in the luxury car price may be around 7 to 8 percent, meaning a high-end car currently selling for 135,500 liras might climb to around 145,000 liras. Diesel fuel prices also rose nine kuruş yesterday, increasing the price of a liter of diesel in Istanbul to 4.63 liras, an all-time record. As a result of the increase, the gap between diesel and gasoline – which is selling for 4.96 liras – has significantly narrowed. Three liras of the five-lira price are taxes.
After a raise imposed on fuel prices, Turkey has become the mainstream economy with the most expensive gasoline in the world.
(nt)
