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Türkiye's middle class struggles amidst inflation, stagnant wages

STORY: Türkiye's middle class struggles amidst inflation, stagnant wages DATELINE: Dec. 11, 2022 LENGTH: 00:01:31 LOCATION: Ankara CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of street view in Türkiye 2. SOUNDBITE 1 (Turkish): ILKER YAGCI, Turkish banker 3. various of stores in Türkiye 4. SOUNDBITE 2 (Turkish): KOKSAL KUTUKALIOGLU, Former private company owner in Türkiye STORYLINE: The Turkish middle class may also be among those affected by the country's challenging economic conditions. Many are struggling to make ends meet amid high inflation, stagnant wages, and declining purchasing power. Shopping habits have changed, with fewer people dining at restaurants, going for weekend family outings, or buying cars or home appliances merely for an upgrade. SOUNDBITE 1 (Turkish): ILKER YAGCI, Turkish banker "There's no such thing left as the middle class anymore. Wages have eroded against the high cost of living. Türkiye has turned into a country of minimum wage earners. As the Turkish economy is deeply li

Türkiye's middle class struggles amidst inflation, stagnant wages

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