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Türkiye raises monthly minimum wage by 49% for 2024

Türkiye raises monthly minimum wage by 49% for 2024
# 27 December 2023 22:00 (UTC +04:00)

Türkiye's monthly minimum wage will be 17,002 Turkish lira ($578.31) in 2024, Labour Minister Vedat Isikhan said on Wednesday, APA reports citing Reuters.

Türkiye's annual inflation rate edged up to 61.98% in November, its highest level this year but just shy of expectations, signaling that an aggressive rate-hiking cycle may be beginning to cool demand.

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