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Özgür Özel: Turkey ranks fifth in the world for high inflation.

Özgür Özel: Turkey ranks fifth in the world for high inflation.

26.11.2024 15:01

CHP Chairman Özgür Özel spoke at his party's group meeting. Özel stated that the minimum wage is insufficient and that the government needs to make more effort in this regard. He emphasized that Turkey ranks fifth in the world in terms of high inflation.

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CHP General Chairman Özgür Özel spoke at his party's group meeting. Özel emphasized that the increase in the minimum wage in 2025 should be based on the current inflation, not the expected inflation. The main points of Özel's speech are as follows: The minimum wage will be determined. 57% of workers in Turkey receive the minimum wage. In the EU, this rate is 9%. This government is working on how to deceive people. They say, 'Let's give an increase based on the targeted inflation, not the realized one.' Let's raise the minimum wage from 17 thousand lira to 22 thousand lira, that's the whole calculation. According to the Central Bank's calculations, a 1% increase in the minimum wage affects inflation by 0.07%.



ÖZEL: WE ARE FIFTH IN THE WORLD IN HIGH INFLATION



"We are fifth in high inflation. The inflation rates of over 200 countries are much better than ours. You will increase taxes, you will make increases, you will not stop waste; then you will come out and say let's not increase the minimum wage and reduce inflation."



Özgür Özel reiterated that the CHP's demand for the minimum wage for the first 6 months of 2025 is 30 thousand lira.



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