10.12.2025 14:05
Last year, JPMorgan, which accurately predicted the increase rate for the minimum wage, also revealed its expectations for the minimum wage in the Turkey Consumer Companies 2026 Outlook report. The banking giant stated that it expects a 25% increase in the minimum wage, forecasting that the amount will rise to 27,630 TL.
JPMorgan has published the Turkey Consumer Companies 2026 Outlook report, stating that real earnings are expected to decline by an average of 20% in 2025 due to a slowdown in revenues and margin pressure. The report also addressed the minimum wage as one of the significant factors that will affect the course of the economy.
A 25% INCREASE IS EXPECTED
The banking giant announced that it expects a 25% increase in the minimum wage, indicating that this is in line with the 12-month inflation expectations.
"THE FIGURE WILL RISE TO 27,630 TL"
According to JPMorgan's calculations, the minimum wage is projected to reach 27,630 TL in 2026. The bank also emphasized that this increase will have a significant catalytic effect in the markets.
LAST YEAR IT WAS SPOT ON
Last year, the minimum wage was increased by 30%, bringing it to 22,104 TL. JP Morgan had accurately predicted the increase.
FIRST MEETING ON DECEMBER 12
The Ministry of Labor and Social Security has invited TÜRK-İŞ, representing the worker side, and TİSK, representing the employer side, to the first meeting of the Minimum Wage Determination Commission on December 12 at 14:00. Thus, the first gathering of the new period minimum wage negotiations will take place on Friday, December 12.