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Thursday, December 28, 2023
Turkey's minimum wage hike seen fuelling prices, hitting inflation outlook | Reuters
Turkey's minimum wage hike seen fuelling prices, hitting inflation outlook
By Ceyda Caglayan and Can Sezer
December 28,
ISTANBUL, Dec 28 (Reuters) - Turkey's larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already elevated inflation even higher in the coming months, economists and sector officials said.
More:Turkey's minimum wage hike seen fuelling prices, hitting inflation outlook | Reuters