Production costs, inflation and informal work on the rise in Türkiye

by Meike Krämer created 2024-09-27T20:25:05+07:00
The ready-to-wear sector in Türkiye is facing challenges as employment and production has been significantly declining in recent years. Rising inflation and production costs have led to companies shifting their production to countries such as Bangladesh and Egypt, particularly for jeans. While a total of 983,000 people has lost their jobs, there has been a steep increase in informal or unregistered work.

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