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