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reports in
ECONOMY
category
Turkey’s inflation rises to 32.87% in October
İstanbul's inflation exceeded 40%. Food and housing expenses remain high.
3 November 2025
Unions to abstain from 2026 minimum wage negotiations
Two major labor confederations will boycott talks on setting Turkey’s 2026 minimum wage, citing government dominance in the process.
29 September 2025
'Presidency spends 72 minimum wages every hour'
“Workers labor for a month, and the palace consumes their wages in a single minute,” says MP Gülcan Kış.
24 September 2025
Central Bank cuts policy rate by 2.5 points to 40.50%
The Monetary Policy Committee said the core trend of inflation slowed in August.
11 September 2025
Media conglomerate Can Holding seized in major financial crimes investigation
Owners of the holding are accused of money laundering and fraud by abusing Asset Peace law, a regulation that allows funds held abroad to be brought into Turkey with reduced scrutiny.
11 September 2025
Beyzak Kesmez
reports
Turkey’s state postal service accused of forcing couriers into gig work
While the authorities are pushing a "silent transition," many PTT workers refuse to switch to gig work, says an union representative.
1 September 2025
Beyzak Kesmez
Foot-and-mouth outbreak forces market closures, leaves livestock producers struggling
“We had to slaughter some of our fattened cattle early, even though they were healthy, to prevent further spread. No one is buying or selling animals right now. We're just waiting,” said a livestock breeder in Konya's Ereğli, a key hub for dairy production in Turkey.
25 August 2025
Sema Öcal
reports
'No job description, everyone does everything': Precarious conditions strain supermarket workers
"After work, I often find myself thinking, 'I wish I didn’t have to go to work tomorrow.' I’m not planning to stay here long. I’m only working to support myself and help my family," says a worker.
22 August 2025
Sema Öcal
Public sector wage talks stall as government-picked arbitration board to make final decision
Following yesterday's protests and work stoppages, the Memur-Sen union is bringing the dispute to the arbitration board.
20 August 2025
Abdullah Aysu
writes
Farmers treated as guilty, authorities play the victim
In every production cycle, companies raise the prices of inputs such as seeds, fuel, fertilizers, pesticides, and electricity just before they are used. Rising prices increase farmers' costs. Producers take out loans to purchase the inputs they need. The authorities have no say over the companies raising prices. They cower before them!
20 August 2025
Abdullah Aysu
Public employees halt work across Turkey amid stalled wage negotiations
There is a significant gap between unions' demands and the government's offer.
18 August 2025
Local CHP official investigated for disrupting market after potato protest
Sadık Erdoğan, both a farmer and the CHP district head in Yozgat, dumped potatoes on the street in protest of low prices.
18 August 2025
Central Bank raises inflation forecasts for 2026 and 2027
The Central Bank has introduced a new system that includes interim targets in addition to annual inflation forecasts.
14 August 2025
Hikmet Adal
reports
Seventeen textile workers dismissed after union membership in Dersim
The workers are protesting the employee, demanding their reinstatement and the recognition of union rights.
13 August 2025
Sema Öcal
Sema Öcal
reports
University graduates face unemployment, low wages, and work outside their field
The experience requirement blocks youth employment, while internships often turn into a search for cheap labor.
12 August 2025
Sema Öcal
Ayşenur Geyyas
reports
Long power outages disrupt daily life in Antep amid summer heat
An expert from the Chamber of Electrical Engineers says distribution companies must take measures to tackle overloads.
11 August 2025
Ayşenur Geyyas
Only 14,000 registered agricultural workers remain in Turkey, MP warns
Farmers struggle to pay social security premiums for themselves, let alone for their workers.
5 August 2025
İstanbul retail inflation reaches 42.48% in July
The Chamber of Commerce data shows a 23.80% increase since the beginning of the year in the city.
1 August 2025
Erdoğan 'postpones' mine workers' strike, bringing his tally to 22
The president cited national security concerns for the move.
31 July 2025
One-third of Turkey's workforce is idle, official data reveals
While the unemployment rate stood at 8.6%, idle workforce rose by 1.8 percentage points in a month.
30 July 2025
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Akkuyu nuclear plant workers face harsh gendarmerie response during wage protest
The workers, both Turkish and Russian nationals, have reportedly gone unpaid for the past three months.
23 July 2025
Turkey withdrawing from 50-year crude oil agreement with Iraq
The decision comes as the Kirkuk-Ceyhan Oil Pipeline has remained out of service for an extended period following an International Chamber of Commerce ruling.
21 July 2025
Bilge Seçkin Çetinkaya
writes
Open letter to Treasury and Finance Minister Mehmet Şimşek
Türkiye, as a signatory to the Paris Climate Agreement, is bound by its commitment to limit global temperature rise to 1.5°C. The bill’s facilitation of mining, thermal power plants, and aggressive land use policies directly undermines this target.
17 July 2025
Bilge Seçkin Çetinkaya
Hikmet Adal
reports
Turkey enacts law allowing 10 consecutive workdays for tourism workers
The required number of consecutive workdays before a weekly rest in the tourism sector has increased from six to ten. Union leader Gökhan Aslan says the law will lead to "unlimited exploitation."
14 July 2025
Hikmet Adal
Erdoğan signs decree to further increase non-benefit spending from unemployment fund
Labor unions and opposition parties have long criticized the use of te unemployment fund, arguing that the fund’s primary purpose is being compromised by the diversion of resources to employer-oriented subsidies.
14 July 2025
Turkey raises natural gas prices, marking 150% increase in 16 months
Natural gas prices in Turkey continue to rise, bucking the global trend of falling costs.
2 July 2025
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Turkey’s unemployment rate at 8.4% in May
Broadly defined unemployment, which includes time-related underemployment, potential labor force, and the unemployed, fell by 1.1 percentage points to 31%.
30 June 2025
TURKSTAT and ENAG inflation figures show twofold discrepancy
According to the Turkish Statistical Institute (TURKSTAT), inflation in May stood at 1.53% monthly and 35.41% annually. Food prices rose by 32.87% year-on-year, while housing expenses jumped by 67.43%. In contrast, the Inflation Research Group (ENAG) reported an annual inflation rate of 71.23%.
3 June 2025
Turkish Statistical Institute: Financial outlook fails to improve, economic confidence declines
According to data from the Turkish Statistical Institute (TURKSTAT), the Consumer Confidence Index remained below the threshold level of 100 points in May, with expectations for the general economic situation continuing to deteriorate.
20 May 2025
'They pay Mourinho millions': Workers at Fenerbahçe president’s oil company escalate wage protests
Tüpraş workers have been protesting since the failure of collective bargaining talks on Apr 21 and are now staging full-day work stoppages.
29 April 2025
Turkey’s labor underutilization reaches pandemic level
Despite a slight decrease in unemployment, labor underutilization continues to rise.
29 April 2025
Onur Hamzaoğlu
writes
Turkey's social security system, private hospitals and the function of the World Bank
In the AKP years, when health service provision in Turkey began to be defined as a new area of accumulation for capital owners, private hospitals became widespread across the country. Their number increased from 271 in 2002 to 565 in 2023 and spread to all provinces.
23 April 2025
Onur Hamzaoğlu
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