Turkey’s Hunger and Poverty Thresholds Surge Amidst High Inflation

News About Turkey - NAT
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According to the monthly report issued by the Confederation of Turkish Trade Unions (Türk-İş), the hunger threshold in Turkey, which denotes the minimum amount of money required to prevent a four-member family residing in Ankara from starving for one month, was 19,271 Turkish liras ($565) in August.

Although the hunger threshold increased by 0.19% on a monthly basis, it increased by 57.99% over the course of one year.

At the same time, the poverty threshold in the country exceeded the minimum wage by over three times, reaching 62,772 liras ($1,842) in August.

The poverty threshold is the amount of money required to ensure that a family of four is able to feed itself in a healthy and sufficient manner. It also encompasses expenses for essential necessities, including clothing, rent, electricity, water, transportation, education, and health.

In the interim, the cost of living for a single labourer was 24,692 Turkish liras.

Consequently, the prices of milk and cheese remained unchanged for a month, while the prices of yogurt increased by 1.83 percent. The prices of lamb and veal meat increased by 2.95 percent and 1.44 percent, respectively. The cost of poultry meat increased by seven percent, while the cost of eggs increased by 12.69 percent.

In August, the average price per kilogram of vegetables was 29.56 liras, while the average price per kilogram of fruit was 60.83 liras.

TÜİK, the state-run Turkish Statistical Institute, reported annual inflation at 61.78 percent for July, while ENAG, an independent inflation research group, estimated it at 100.88 percent.

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