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Turkey Consumer Price Index (CPI) MoM

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Turkey Consumer Price Index (CPI) MoM

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Status

 
Latest Release
Apr 03, 2024
Actual
3.16%
Forecast
3.50%
Previous
4.53%
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time with a given starting point or base period which is usually taken as 100. the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.
Importance:
Country:
Currency: TRY
Source: TURKSTAT-Turkish Statistical I...
Turkey Consumer Price Index (CPI) MoM
 
Release Date Time Actual Forecast Previous
May 03, 2024 (Apr) 03:00     3.16%
Apr 03, 2024 (Mar) 03:00 3.16% 3.50% 4.53%
Mar 04, 2024 (Feb) 03:00 4.53% 3.70% 6.70%
Feb 05, 2024 (Jan) 03:00 6.70% 6.49% 2.93%
Jan 03, 2024 (Dec) 03:00 2.93% 3.13% 3.28%
Dec 04, 2023 (Nov) 03:00 3.28% 3.90% 3.43%

News

Turkish Inflation Tops 85% In Likely Peak for This Year
Turkish Inflation Tops 85% In Likely Peak for This Year By Bloomberg - Nov 03, 2022

(Bloomberg) -- Turkish annual inflation accelerated for the 17th month in a row in October, driven by a surge in food prices and high energy costs to its likely peak during President Recep Tayyip...

Turkish Inflation Rate Rises to Highest Since 1998
Turkish Inflation Rate Rises to Highest Since 1998 By Investing.com - Oct 03, 2022 2

By Scott Kanowsky  Investing.com -- The rate of inflation in Turkey rose to its highest mark since 1998 in September, according to data from the Turkish Statistical Institute, extending a recent...

Turkish Inflation Surges to 80.21% in August - TURKSTAT
Turkish Inflation Surges to 80.21% in August - TURKSTAT By Investing.com - Sep 05, 2022 6

By Scott Kanowsky Investing.com -- Inflation in Turkey soared in August, registering the highest annual increase during President Recep Tayyip Erdoğan's nearly two decades in charge of the...

Analysis

Craig Erlam
Week Ahead: Another Action-Packed Week By Craig Erlam - May 29, 2022 1

Will the recovery continue?It’s likely to be another action-packed week despite numerous countries seeing it shortened by bank holidays. The jobs report is typically the highlight when it comes...

CPI (MoM) Discussion

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