Turkey

Türkiye’s inflation (CPI) drops down to 43.68%

Consumer price index (CPI) realized as 43.68% annually and 2.39% monthly

A change in general index was realized in CPI (2003=100) on the previous month by 2.39%, on December of the previous year by 15.21%, on same month of the previous year by 43.68% and on the twelve months moving averages basis by 67.20% in April 2023.


Annual rate of changes in CPI (%), April 2023

Clothing and footwear with 13.82% was the main group that indicated the lowest annual increase. On the other hand, health with 66.62% was the main group where the highest annual increase realized.

CPI annual rate of changes in main groups (%), April 2023

In April 2023, housing with -1.47% was the main group that indicated the lowest monthly increase. On the other hand, communication with 5.93% was the main group where the highest monthly increase realized (indices, weights and rate of changes (%) by main expenditure groups are given in the Table-1).

CPI monthly rate of changes in main groups (%), April 2023

In April 2023, within indices of 143 basic headings (Classification of Individual Consumption by Purpose-COICOP 5 Digit Level) in the index, the index of 24 basic headings decreased and the index of 6 basic headings remained unchanged while the index of 113 basic headings increased.

The indicator for CPI having specified coverage (B) increased by 48.02% annually and 2.74% monthly

A change in CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold was realized in CPI (2003=100) on the previous month by 2.74%, on December of the previous year by 15.36%, on same month of the previous year by 48.02% and on the twelve months moving averages basis by 62.48% in April 2023.

Source: TÜİK

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