Turkey on Tuesday raised the monthly minimum wage by 30 per cent, the second hike so far this year, as high inflation takes its toll on low-income earners.
Turkish households have been grappling with the highest inflation over two decades, reflected in lower buying power, higher food prices and rents, among other costs.
According to state news agency Anadolu, the Turkish minimum wage is now โบ11,402 ($483), Minister of Labour and Social Security Vedat Iลฤฑkhan told reporters in Ankara.
He added tax exemptions for employers would continue.
President Recep Tayyip Erdoฤan, who in elections earlier this month extended his rule into a third term, had pledged his government would not allow employees โget crushed underโ high inflation, acknowledging economic troubles.
Turkeyโs official inflation stood at nearly 40 per cent in May. Independent groups think real inflation figures are more than double the official figure.
The amount of money required to feed a family of four is โบ10,360, just below the minimum wage, according to the local workersโ union Tรผrk-ฤฐล.
(dpa/NAN)
