Annual inflation stood at 31.5 per cent, but increases in food, rents, transport and education outstripped this rate. The loss suffered by minimum-wage workers reached 6,196 TL. Millions of households are entering the autumn, when expenditure rises, amid a deepening cost-of-living crisis.
As the countdown to the New Medium-Term Programme continues, the economic administration has increased credit, subsidy and financing support for industry and exporters. Whilst new measures are being taken to address the costs of capital, workers are once again being asked to ‘be patient’.
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