The hunger limit exceeded the minimum wage.

The hunger limit exceeded the minimum wage.

The hunger and poverty line data announced by the Turkish Trade Union Confederation (Türk-İş) for January 2023 revealed that the first minimum wage of the year remained below the hunger line before workers received it. .

Consequently, the hunger limit, which represents the monthly food expenditure of a family of four, increased to 8,864 TL in January 2023, exceeding the minimum wage.

The poverty line, which covers all expenses for a family such as monthly rent, transportation, utility bills, education, health, and clothing, rose to TL 28,875 in January.

Türk-İş announced that the total cost of living for a single employee increased to TL 11,557.

Source: Turk-Is

358 TL melted before reaching the hands of the worker

In the statement made by Türk-İş, “In the first month of the Republic’s centenary, annual food inflation reached 108 percent, the ‘hunger limit’ and the ‘minimum wage’, which is the monthly spending on food required for a family of four to have a healthy, balanced and adequate diet. The gap between them has already reached 360 TL.

Source: Turk-Is

‘BUYING POWER IS EVEN LESS THAN AT THE BEGINNING OF 2022’

In the statement, “The net minimum wage was 8,506 TL per month with the majority of employer and government votes, an increase of 100 percent per year. However, the hunger limit increased by 108 percent in this process, and in fact this increase did not eliminate the purchasing power losses that had persisted for months in 2022. The new year we are in has started with new losses. of purchasing power.

It was noted in the statement that fixed income will have to continue its life at an even lower level than it was at the start of 2022 in terms of purchasing power until the second pay rise in 2023:

“Because, according to OECD and IMF estimates; Inflation will tend to remain high in Turkey in 2023 due to reasons such as the ongoing war between Russia and Ukraine, the upcoming elections, the country’s high risk premium and low credit ratings.

LAST YEAR HE WAS BELOW THE HUNGER LIMIT IN FEBRUARY

On the other hand, the minimum wage, which was below the hunger limit in the second month of last year, remained below the hunger limit in the first month of this year, that is, before the worker received a new minimum wage.

According to Türk-İş data, in February 2022, the hunger limit was increased to TL 4,552, TL 300 above the minimum wage; He had exceeded the minimum wage of 4,253.4 TL at the beginning of the year.

Minimum wage inflation Government IMF Russia Health elections Turkey Ukraine rise

Source: Sozcu

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