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Türkiye enters new year with pay hikes but falling living standards-Xinhua

Turkey enters new year with pay hikes but falling living standards

Turkey has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship.Inflation remains alarmingly high despite a .

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Türkiye enters new year with pay hikes but falling living standards-Xinhua

Roundup: Türkiye enters new year with pay hikes but falling living standards

ANKARA, Jan. 11 (Xinhua) Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship.

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Turkey's inflation hits 24-year high, but Erdogan insists there's no need to raise interest rates

Turkey's inflation rate has hit 85.51 percent in October 2022, the highest in 24 years. But Turkish President Recep Tayyip Erdogan remains adamant that the Central Bank of the Republic of [.]

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