Wages vanished

Consumer inflation fell to 84.39 percent annually due to the base effect, but as monthly inflation continued to rise, wages for employees and retirees melted. The purchasing power of the salary of the lowest grade civil servants has decreased by 1,042 TL in the last 5 months since July, according to TUIK inflation, and by 2,099 TL according to the calculations of the Inflation Research Group (ENAG). With 5 months of inflation, civil servants and retirees will receive an inflation difference of 6.6 percent. When the 8 percent at the beginning of the year is included, the 5-month rise amounts to 15.11 percent. Even if December inflation is zero, the salary of the lowest civil servant will be 9,741 TL. The purchasing power of the minimum wage, which was increased to 5,500 lira in early July, fell to 4,194 lira at the end of November, and the lowest pension to 2,669 lira since 3,500 lira.

PURCHASING POWER IS LOST

TurkStat calculated that consumer inflation rose 2.88 percent in November. Thus, the cumulative increase in inflation in the sum of the months of July, August, September, October and November, calculated by Turkstat, was 14.05 percent. ENAG, which calculates alternative inflation, announced that consumer inflation was 4.24 percent in November and the accumulated increase for 4 months reached 31.14 percent. The salary of the lowest-ranking official, which was 5,972 lira in January, rose to 8,462 lira in July with a 7 percent increase in the collective agreement and inflation difference. However, the purchasing power of this official fell to 7,420 liras in 5 months, according to TUIK data, and to 6,453 liras according to ENAG. The loss of purchasing power of the teacher was 2,241 lira with ENAG, and the loss of purchasing power of the police officer was 2,932 lira. The purchasing power of the department head, which was 23,251 lira in July, decreased to 5,521 lira and decreased to 17,730 lira.

Loss of pension 831 TL, loss of minimum wage 1306 TL

The fact that inflation swallowed up wage increases led to severe income losses for retirees and minimum wage earners. The purchasing power of the lowest pension for civil servant pensioners, which in July was 5,832 liras, fell by 1,385 liras, according to ENAG calculations. The purchasing power of the pension of the lowest pensioner worker, merchant and farmer, which increased to 3,500 liras, decreased by 831 liras to 2,669 liras. The purchasing power of the minimum wage, which increased to 5,500 liras in July, decreased by 678 liras to 4,822 liras according to TUIK, and decreased by 1,306 liras to 4,194 liras according to ENAG.