Turkish hunger threshold reaches above 15,000 liras in first month of 2024

Turkey’s hunger threshold for a family of four exceeded 15,000 Turkish liras ($494) in January 2024, whereas the poverty threshold was recorded as 49,019 liras ($1615), according to the research of Confederation of Turkish Trade Unions (Türk-İş). A minimum wage worker earns 17,002 liras ($560).

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The monthly food expenditure amount that a family of four living in the capital Ankara should make in order to have a healthy and balanced diet (hunger threshold) increased to 15,048 Turkish liras ($494), according to the Confederation of Turkish Trade Unions’ (Türk-İş) research for January 2024. 

The total amount of food expenditures and other compulsory monthly expenditures for clothing, housing (rent, electricity, water, fuel), transport, education, health, and similar needs (poverty threshold) increased to 49,019 liras ($1615). 

The cost of living of a single employee increased to 19,630 liras ($647) per month.

According to the survey of Türk-İş, food prices rose by 4.27 percent on a monthly basis and 69.76 percent on an annual basis in January. The report indicated that there was an increase of 32 liras in average fish prices, whereas milk, yoghurt and cheese prices did not change.

A minimum wage worker earns 17,002 liras ($560) as of 2024 after a 49% increase from the last year’s figure.

Turkey's official statistical authority, the Turkish Statistical Institute (TÜİK), reported the annual inflation rate as 64.77 percent for 2023 while the independent inflation group ENAG put the figure at 127.21 percent.