05.03.2025 12:50
The minimum wage and pension salaries in Turkey are losing their value against the high inflation rates. As of 2025, the loss in the applicable salaries since January 1st has resulted in the lowest pension being reduced by 1,073 lira, while the minimum wage has lost 640 lira in value.
The inflation, which poses a great danger due to reducing the purchasing power of fixed-income individuals, is causing significant losses, especially among workers in the lower-income group in Turkey. While the costs of goods and services increase due to inflation, the loss of purchasing power resulting from stagnant salaries is compounding every month.
According to the latest inflation data released by the Turkish Statistical Institute, the economic value loss of fixed-income citizens has decreased by 7.42% in the first two months of 2025.
Based on this calculation,
- The lowest pension, which is 14,436 lira, has decreased by 1,073 lira;
- The minimum wage, which is 22,104 lira, has also decreased by 1,640 lira.
After these price adjustments, in two months;
The value of the lowest pension has fallen to 13,395 lira;
the net minimum wage has decreased to 20,463 lira.
Economists who predict that the incomes of those engaged in trade may increase with inflation, emphasize that fixed-income individuals are experiencing a loss of value and purchasing power against inflation. It is particularly highlighted that those receiving the lowest pension and minimum wage are the groups most adversely affected by this inflation increase.