Inflation forecast changed, minimum wage calculation renewed

Turkey’s central bank raised its end-2026 inflation forecast to 29.5%, prompting a recalculation of the 2027 minimum wage. If the minimum wage is increased by that rate, the net monthly minimum wage would rise to 36,357 Turkish lira, an increase of 8,282 lira per month for workers. The revision matters because the inflation forecast now directly anchors wage-setting for millions of employees and their employers. Watch whether the government adopts the 29.5% figure in wage negotiations and how the central bank’s forecast path evolves ahead of the 2027 wage decision.