Hunger threshold study shows the current state of the minimum wage: It melted in two months
The United Metal Workers' Union Research Center (BİSAM) prepared its February 2024 report based on the healthy and balanced nutrition criteria for a family of four. The results of the report revealed that the minimum wage provided to citizens has lost its value within two months.
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The report in question took as a reference the index figures according to the Turkish Statistical Institute (TÜİK) expenditure groups, 2003 item prices, Istanbul Public Bread (Halk Ekmek) prices, current monthly internet prices of chain markets, and the BİSAM Nutrition Pattern.
Accordingly, the hunger threshold in February is 16 thousand 100 liras. This expenditure amount is the minimum amount that must be spent for food alone. According to the calculation results based on household consumption expenditures over the hunger threshold, the poverty line is 55 thousand 691 liras.
POVERTY LINE FOR A PERSON LIVING ALONE IS 25 THOUSAND
According to the report, the total amount of kitchen expenses a person living alone must make for healthy and balanced nutrition, along with expenses for housing, transportation, education, and health to maintain their life, must be at least 25 thousand 568 liras. Accordingly, the poverty line for a person living alone is 25 thousand 568 liras.
DAIRY PRODUCTS AT THE TOP
In daily expenditures, the highest cost group in February was milk and dairy products with 170.72 liras. The minimum expenditure amount required for the meat, chicken, and fish group is 109.40 liras. The daily expenditure amount required for vegetables and fruits rose to 124.28 liras. The expenditure amount required for bread rose to 33.38 liras daily, and for solid and liquid oils to 30.80 liras. Eggs were 10.69 liras, and sugar, honey, jam, and molasses were 13.40 liras.