Supermarkets have initiated price stabilization and discount campaigns during the Ramadan season. Ramadan food packages are now on shelves starting at 370 Turkish lira. It is also expected that these discounts will support a downward trend in inflation. Local and national chain supermarkets have announced price stabilization for some products and discounts throughout the month on many items during Ramadan. Following this decision, it was stated that prices of products such as legumes, pasta, flour, and cooking oil will remain fixed. Faruk Guzeldere, the President of Istanbul Food and Essential Materials Retailers Association (Istanbul PERDER), mentioned that apart from price stabilization on some products, a 25% discount will also be applied, stating, “We have fixed prices on hundreds of shelves, thousands of products. Customers are very interested, and products are in demand.” Supermarkets had also stabilized meat prices under their protocol with the Meat and Milk Institution. HOW MUCH ARE THE RAMADAN FOOD PACKAGES? Chain supermarkets have started offering consumers various options and prices for food baskets and gift vouchers. CarrefourSA is selling its 13-piece Classic Ramadan Food Basket for 369.95 lira, its 23-piece Super Ramadan Food Basket for 629.95 lira, and its 26-piece Mega Ramadan Food Basket for 799.95 lira for the Ramadan season. Migros is offering its Abundance Package which includes 13 items for 369.95 lira, and its Flavor Package with 23 items for 629.95 lira. Also, Şok Market had announced that it will be applying 2024 March prices on 100 products from food to cleaning items starting in March.