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Turkey to clamp down harder on shops charging excessive prices, Erdogan says

Published 11/21/2022, 05:14 AM
Updated 11/21/2022, 10:06 AM
© Reuters. FILE PHOTO: Turkish President Tayyip Erdogan talks to the media after attending Friday prayers at Hagia Sophia Grand Mosque in Istanbul, Turkey August 7, 2020. REUTERS/Murad Sezer/File Photo

ANKARA (Reuters) - Turkish President Tayyip Erdogan said he will hold discussions at the next cabinet meeting on adopting heavier measures for supermarkets and stores that charge excessive prices for goods, broadcaster Haberturk reported on Monday.

Annual inflation in Turkey is more than 85%.

© Reuters. FILE PHOTO: Turkish President Tayyip Erdogan talks to the media after attending Friday prayers at Hagia Sophia Grand Mosque in Istanbul, Turkey August 7, 2020. REUTERS/Murad Sezer/File Photo

Speaking to reporters on his flight back from Qatar, Erdogan said previous fines were not sufficient to punish such sellers and authorities are following the issue closely.

"Inspections will continue with very different methods because apparently fines are not improving things... The main point is to make them pay a heavier toll," Erdogan said, according to Haberturk.

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