The impact of the increase in natural
gas prices on inflation because of 9%
increase in residential tariff in August,
September and October were 0.39
points according to Reuters’ calculations.
When Minister Albayrak announced
there would be no price increase until
the end of the year, Minister of Energy
Fatih Dönmez also made a statement
regarding the price predictability in the
9th Energy Summit. Minister Dönmez
says:
"The fact that BOTAŞ makes an
announcement regarding prices every
month has reduced the predictability. If
a Brent oil-based formula announced by
BOTAŞ as of the beginning of the new
year is applied, the prices in the 6-month
period will be predictable.”
