Inflation forecast raised, minimum wage calculation changed: Here is the calculated figure

Following the Central Bank of the Republic of Turkey's (TCMB) decision to raise its 2026 year-end inflation forecast to 29.5 percent, minimum wage calculations have also shifted. If the inflation forecast is taken as the basis for the raise, it is calculated that the net minimum wage could reach 36,357 TL, with the raise amount reaching 8,282 TL.

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Inflation forecast raised, minimum wage calculation changed: Here is the calculated figure

Ahead of the minimum wage negotiations awaited by millions of workers, calculations for the new wage have returned to the agenda. Following the announcement of the year-end inflation forecast by the Central Bank of the Republic of Turkey (TCMB), a 29.5 percent raise scenario has come to the fore.

TCMB Governor Fatih Karahan shared the fourth Inflation Report of the year with the public. According to the report, the Central Bank's 2026 year-end inflation forecast has risen to the 29.5 percent level.

If this forecast is taken as a benchmark for the minimum wage increase, it is calculated that the net minimum wage will rise to 36,357 TL. In this scenario, the net raise amount will be 8,282 TL.

The new level of the minimum wage will be determined following the negotiations expected to begin in December. While different formulas regarding the raise rate are expected to be on the table, inflation forecasts stand out as one of the fundamental topics of the bargaining process.

News Source: 12punto