Minimum wage and pension… Here are the inflation losses in 4 months
Sözcü TV programmer Dr. Oğuz Demir explained the losses caused by salary inflation.
Demir calculated how much the purchasing power of the minimum wage and pensions melted in 4 months, according to the inflation figures announced by TUIK.
MINIMUM WAGE MEANS 3 THOUSAND 767 LIRA IN 4 MONTHS
iron said:
“The minimum wage increased to 5,506 lira at the end of December. With inflation running at 6 percent in January, his purchasing power of 565 lira disappeared. You lost 581 liras due to inflation in February. He lost 1,065 lira in March and 1,284 lira in April. In 4 months, your purchasing power has melted according to TUIK inflation.
If we want you to maintain your purchasing power at the beginning of the year, we owe the minimum wage 3,767 lira since the beginning of the year. According to ITO, the loss is 3,858 lira. When the inflation numbers come in in the next 2 months, the minimum wage will have given almost 1 salary to inflation.
We made a different account in retirement. The lowest pension was 5,500 lire. During the electoral period they increased it to 7,500 liras. If there were 7,500 lira at the beginning of the year, the losses would increase to 8,632 lira. My retiree lost more than 1 salary in his pension.
Source: Sozcu

Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.