September Inflation Data Shapes Pensioner and Civil Servant Salary Increase Rates

Serdar HocamAuthor & Editor

Initial three-month calculations regarding the salary increases that millions of civil servants and retirees will receive in January have begun to take shape with the announcement of September inflation figures.

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With the announcement of September inflation data by the Turkish Statistical Institute, three-month calculations regarding the raise rates that millions of civil servants, retired civil servants, and SSK and Bağ-Kur retirees will receive in January have taken shape.

September Inflation Figures

September inflation data was officially announced by the Turkish Statistical Institute, and within this scope, monthly inflation realized at a rate of 1.84 percent.

Annual Inflation Rate

In line with the latest data announced, the annual inflation rate in the economy was recorded at the level of 29.73 percent, and expectations for the remainder of the year were updated.

Finalization of Salary Increases

Final salary increases in the January period will be finalized with the addition of inflation rates to be announced in October, November, and December.