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Today Az - Turkiye raising average wages by 49 percent from next year

Today Az - Turkiye raising average wages by 49 percent from next year
today.az - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.az Daily Mail and Mail on Sunday newspapers.

Turkey s 49% Minimum Wage Hike Balances Between Unions, Markets

(Bloomberg) Turkey will raise the minimum wage by 49% in the new year, close to a level that several Wall Street lenders have warned would complicate the central bank’s efforts to curb inflation. Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple Resumes Sale of Watches After Appeals Court Lifts US BanTesla Plans Revamp of Smash Hit Model Y From China PlantGhost Ships at Reawake

Inflation: Turkey Increases Minimum Wage By 49%

Turkey s minimum wage hike seen fuelling prices, hitting inflation outlook

Turkey s larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already elevated inflation even higher in the coming months, economists and sector officials. -December 28, 2023 at 07:38 am EST - MarketScreener

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