Turkey Plans to Skip Minimum-Wage Raise in Boost for Investors

Turkey Plans to Skip Minimum-Wage Raise in Boost for Investors

Turkey’s government plans to skip a mid-year increase in the minimum wage, according to people with knowledge of the matter, resisting political pressure to alleviate rising living costs.

Turkish gov't signals no midyear minimum wage hike amid economic woes: report - Turkish Minute

Turkey’s government plans to skip a mid-year increase in the minimum wage, people with knowledge of the matter told Bloomberg, resisting political pressure to alleviate the rising cost of living.

Turkey Faces Public Backlash Over No Mid-Year Minimum Wage Hike

As inflation erodes earnings, Turkey’s decision to skip a mid-year minimum wage hike has triggered strong political and public reactions. Bloomberg reported on June 27 that President Recep Tayyip Erdoğan’s government may resist salary adjustments. Although inflation hit 35.4% in May 2025. The minimum wage, set at 22,104 liras in January 2024 after a 30% increase, has lost significant value. Economists estimate its real purchasing power has falle…