JPMorgan's Minimum Wage and Economic Forecasts

Stunning Predictions from JPMorgan for 2026

JPMorgan shared its predictions in the latest report, forecasting a 25% increase in the minimum wage in Turkey. This expectation is noted to potentially have a significant impact on the markets.

2025 Will Be a Challenging Process

According to the report, the year 2025 will be difficult for Turkish companies. Slowing revenues and margin pressure are expected to lead to a 20% decrease in real earnings. However, improvements in macroeconomic conditions are anticipated in 2026.

Consumer Demand Still Fragile

Analysts point out that consumer demand may remain fragile within 2026. This situation, combined with expectations of an increase in the minimum wage, could heighten uncertainties in the economy.

Turkey's Growth Forecast is 4.4%

The Gross Domestic Product (GDP) of Turkey is expected to grow by 4.4% in 2026. This growth places Turkey among the fastest-growing emerging economies when compared to Poland and Gulf countries in the CEE and EMEA markets.

Increase in Minimum Wage and Inflation

The report highlights regarding the increase in the minimum wage, "J.P. Morgan anticipates a 25% increase in alignment with the 12-month expected inflation," which could deeply affect the market dynamics.