Eroded minimum wage of 5% in one month in the middle of inflation of 42.12%

Consequently, it was indicated that the total loss of labor income caused by inflation measured by Turkstat at 5.03% in January was 69.8 billion TL. During the same period, the loss of inflation in workers’ salaries was calculated at 37.7 billion TL, while the loss of the wages of civil servants was calculated at 17.7 billion TL and the loss of Pensions was calculated at 14.3 billion TL.

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According to the series of statistics on the distribution of Turkstat income, in recent years, the average monthly net income of wages and daily wages in Turkey was 1.7 to 1.8 times the minimum wage. The report examines salary losses for those who earn 1.5 and 2 times the minimum wage.

In January, the net salary obtained from 39 thousand 8 gross liras was 31,000,400 liras. The report revealed that 7,608 will have the salary went to taxes and deductions. In addition, when the monthly inflation loss of 5.03% was taken into account, it was declared that the remaining real salary had decreased to 29,000 821 liras.

Relationship key results:

The January loss of inflation of an employee earning three times the minimum wage is close to 3 thousand liras.
A quarter of the salary of 31 thousand 400 liras, or 1.5 times the minimum wage, was lost because of taxes, deductions and inflation even before reaching the workers’ pocket.
The minimum wage lost 1,112 liras against inflation even before workers even received it.
The loss of the minimum wage in January and inflation exceeds 5,000 liras.

Source: Asgari ücret bir ayda% 5 eridi