The purchasing power of the minimum wage decreased by 2,855 TL

The salaries of millions of workers and retirees almost evaporated in the face of inflation. Official salary increase rates for civil servants and retirees will be clarified by 6-month inflation data to be announced by the Turkish Statistical Institute (TUIK) on Wednesday. The increase in the salaries of civil servants and pensioners by the government will not be enough to stop the melting of salaries in the face of inflation. The Inflation Research Group (ENAG), which made a statement to TurkStat, calculated the inflation rate for the first 6 months at 50.53 percent. According to this account, the purchasing power of the minimum wage of 8,506 liras decreased to 5,651 liras at the end of June. The purchasing power of the lowest pension decreased from 7,500 liras to 4,982 liras. The purchasing power of the lowest civil servant salary, which was 12,500 liras, was 8,325 liras. Thus, the minimum wage, which was 8,506 liras, rose to 11,402 liras with an increase of 2,896 liras (34 percent), and the purchasing power of the minimum wage decreased by 2,855 liras in the first semester. of the year.

LOSS 18 PERCENT

According to TURKSTAT, consumer inflation increased by 15.25 percent in the 5-month period since the beginning of the year. The effect of free distribution of natural gas to the public, especially because of the elections, has had a great impact in the fact that TUIK inflation remained low despite the downpour of the weather and the rising cost of living. However, from after the election until the end of June, almost everything from the needle to the thread was constantly raised. This means that the salaries of workers, civil servants and pensioners have been reduced by only 18 percent in 6 months with the TUIK account.

Wages melted like wax

Inflation, which increased by 50.53 percent in the first 6 months, according to ENAG calculations, melted the wages and salaries of workers, civil servants, and pensioners like candles. The purchasing power of the teacher’s salary, which was 13,975 lira at the beginning of the year, decreased to 9,284 lira at the end of June, at the end of June, at the end of June. The purchasing power of the nurse, which was 15,652 lira in the same period, decreased to 10,398 lira. In 6 months, there was a real loss of 6 thousand lire in the salary of the police and 7 thousand lire in the inspector’s salary. The purchasing power of the lowest civil servant pensioner pension decreased from 7,582 liras to 5,037 liras.