Salaries evaporated in a month

Annual Inflation fell to 57.68 percent because of the base effect, but in January, when there was a rain of increases, a significant part of the increase in work and retirees in the new year vanished when inflation was low. The purchasing power of the salary of the lowest rank civil servants decreased by TL 781 in just one month, according to TUIK inflation, and by TL 1,655 according to the calculations of the Inflation Research Group (ENAG). The purchasing power of the minimum wage, which increased from 5,500 lira to 8,506 lira since the beginning of this year, decreased by 723 lira in the first month. The purchasing power of the lowest pension, which was 5,500 lira at the beginning of the year, decreased to 5,032 lira with a loss of 468 lira at the beginning of February.

LOSSES INCREASE

TurkStat calculated that consumer inflation rose 6.65 percent in January 2023. ENAG, which claims to calculate the cost of living in the market closer to reality, measured that consumer inflation rose 9.26 percent. in january. In January, the salary of the lowest-ranking official increased 30 percent to 12,532 lira, along with the collective agreement, the inflation difference and the electoral hike. However, at the beginning of February, the purchasing power of this civil servant dropped to 11,751 liras in one month according to inflation announced by TUIK, and to 11,470 liras according to ENAG calculations. The teacher’s loss of purchasing power was 1,184 liras according to the ENAG calculation, and the policeman’s loss of purchasing power was 1,516 liras. The purchasing power of the department head, which was 27,950 lira in January, decreased to 2,369 lira and decreased to 25,581 lira. In the same way, the loss in the purchasing power of the nurse’s salary reached 1,327 liras in the first month, while the salary of civil servants, which was 11,700 liras at the beginning of the year, was lost in the first month. month. month.

Lost minimum wage 530 lire

As inflation swallowed up wage increases, retirees and minimum wage earners suffered severe income losses from the high cost of living. According to ENAG’s calculations, the purchasing power of the lowest pensioner’s pension, which was 7,582 liras in January, decreased by 643 liras at the beginning of February. The purchasing power of the New Year’s pension, which was increased to 5,500 liras for the lowest workers, merchants and retired farmers, decreased by 466 liras to 5,034 liras. The purchasing power of the minimum wage, which increased to 8,506 liras in the new year with the effect of the election at the end of the great negotiation, decreased by 530 liras to 7,976 liras according to TUIK, and to 7,785 liras with a decrease of 721 lire according to ENAG.