[Turkey] Hunger threshold surpassed minimum wage in January

In the first month of the year, Turkey's poverty threshold increased to 28,875 liras - more than three times the minimum wage (8,506 liras) - according to data from the Confederation of Turkish Trade Unions (Türk-İş), Duvar English reports.

The poverty threshold indicates the money needed for a family of four to feed itself sufficiently and healthily. In addition, it covers expenditures on basic necessities such as clothing, rent, electricity, water, transportation, education and health.

The hunger threshold, which indicates the minimum amount of money needed to save a four-member family from starvation a month, became 8,864 liras in January 2023. The hunger threshold surpassed the minimum wage in the first month of its hike, as the Türk-İş data showed.

The minimum wage for 2023 was reportedly raised by 54.66 per cent to 8,506 liras ($452).

The increase in inflation for kitchen expenses was 9.402 per cent monthly and 108.57 per cent annually, according to Türk-İş.

The monthly food expenditure for an adult man is 2,670 liras and it is 2,142 liras for an adult woman. The monthly food expenditure of a youth aged between 15-18 is 2,632 liras and it is 1,420 liras for a child aged between 4-6.

For December 2022, the government-run Turkish Statistical Institute (TÜİK) reported an annual inflation rate of 64.27, while the independent inflation group ENAG put the figure at 137.55 per cent.

The majority of Turkish citizens reportedly cannot make ends meet amid skyrocketing inflation.

Source: Duvar English 

(Link via original reporting)

In the first month of the year, Turkey's poverty threshold increased to 28,875 liras - more than three times the minimum wage (8,506 liras) - according to data from the Confederation of Turkish Trade Unions (Türk-İş), Duvar English reports.

The poverty threshold indicates the money needed for a family of four to feed itself sufficiently and healthily. In addition, it covers expenditures on basic necessities such as clothing, rent, electricity, water, transportation, education and health.

The hunger threshold, which indicates the minimum amount of money needed to save a four-member family from starvation a month, became 8,864 liras in January 2023. The hunger threshold surpassed the minimum wage in the first month of its hike, as the Türk-İş data showed.

The minimum wage for 2023 was reportedly raised by 54.66 per cent to 8,506 liras ($452).

The increase in inflation for kitchen expenses was 9.402 per cent monthly and 108.57 per cent annually, according to Türk-İş.

The monthly food expenditure for an adult man is 2,670 liras and it is 2,142 liras for an adult woman. The monthly food expenditure of a youth aged between 15-18 is 2,632 liras and it is 1,420 liras for a child aged between 4-6.

For December 2022, the government-run Turkish Statistical Institute (TÜİK) reported an annual inflation rate of 64.27, while the independent inflation group ENAG put the figure at 137.55 per cent.

The majority of Turkish citizens reportedly cannot make ends meet amid skyrocketing inflation.

Source: Duvar English 

(Link via original reporting)