The May 2026 Market Participants Survey published by the Central Bank of the Republic of Turkey (CBRT) gave the strongest signals about the raise rates that millions of employees and retirees will receive in July. Before the official data to be announced by TÜİK, calculations made by economists revealed the changes in salaries.
According to economists’ evaluations, in order to achieve the 24% inflation rate targeted for the end of the year, monthly inflation must remain at an average level of 1.19% for the rest of the year. If these predictions come true, the raise rates for July are predicted as follows:
SSK and BAĞ-KUR Retirees: An increase in the range of approximately 17.4% to 18.58%,
Civil Servants and Retired Civil Servants: An increase is expected in the range of approximately 13.2% to 14.31%.
According to calculations that have not yet been finalized, the new amounts that will enter the pockets of public officials and retirees as of July are listed as follows:
