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4.4.2 Income dynamics
The poverty threshold for a four-person household stood at Turkish lira (TRY) 7,639 (7,045 in December) per month as of March while hunger threshold (minimum food expenditure for a four-person family) stood at TRY2,345 (TRY2,163 in December) and minimum cost of living for a single person was TRY2,847 (TRY2,650 in December), according to a monthly survey by the yellow labour union Turk-Is.
The monthly net minimum wage was TRY2,020 in 2019 and it was hiked to 2,324 for 2020.
Around 40% of Turkey’s labour force earns a minimum wage.
4.4.3 Retail sector dynamics
19 TURKEY Country Report May 2020 www.intellinews.com