9,975.61 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
34.01 USD USD USD
37.97 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.09 TRY Interest Interest
74.61 USD Fossil Oil Fossil Oil
31.05 USD Silver Silver
4.37 USD Copper Copper
92.73 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,840.89 TRY Gold (gr) Gold (gr)

ISO President Bahçıvan reacts to electricity hike

Erdal Bahçıvan, President of Istanbul Chamber of Industry (ISO), reacted to the announced electricity hikes. Bahçıvan said, "This hike disrupts the belief in the fight against inflation."

ISO President Bahçıvan reacts to electricity hike

Erdal Bahçıvan, President of Istanbul Chamber of Industry (ISO), reacted to the electricity hikes. Making a written statement, Bahçıvan said that the hike will disrupt the belief in the fight against inflation.

Stating that the fight against inflation is going through a very critical process at the point of entering the disinflation process, Bahçıvan said that everyone needs to make the maximum sacrifice in order to ensure faith in the society in this struggle and that this effort and sacrifice is seen in all segments of the society.

Bahçıvan said, "However, in this sensitive period, I consider such a large hike of nearly 40 percent in electricity, even if it has justified justifications, as carrying one more water to the mill of inflationary approaches, which is the most unpleasant habit of recent years." Bahçıvan added, "I think that these large increases in electricity at once will make every institution and person, whether affected or not, lose direct faith in the fight against inflation and leave a negative mark and perception for the future. This hike disrupts the belief in the fight against inflation."

Bahçıvan pointed out that if success is desired in the fight against inflation, such loaded times should no longer be on the agenda at once, and said, "I would like to share our concerns that it would be much more correct to do this by spreading it over a certain period of time, otherwise similar ones may follow one after another."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

Netherlands restricts exports of chip manufacturing equipment

Saturday, September 7, 2024

Minister Simsek: “We left behind a challenging period in the economy, growth and stability are improving”

Monday, September 2, 2024

China's economic growth rate falls

Saturday, August 31, 2024

Consumer confidence index increased in August

Thursday, August 22, 2024

European electricity costs surge in July due to increased demand

Tuesday, August 13, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now