Home News Consumer price index in Turkey increased by 0.86% in August 2020

Consumer price index in Turkey increased by 0.86% in August 2020

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Consumer Price Index, August 2020 in Turkey

A rise in general index was realized in CPI (2003=100) on the previous month by 0.86%, on December of the previous year by 7.29%, on same month of the previous year by 11.77% and on the twelve months moving averages basis by 11.27% in August 2020.

Annual rate of changes in CPI (%), August 2020

The lowest annual increase was 2.44% in alcoholic beverages and tobacco

Communication with 6.37%, recreation and culture with 6.61% and education with 8.50% were the other main groups where low annual increases realized. On the other hand, miscellaneous goods and services with 26.99%, health with 14.68% and food and non-alcoholic beverages with 13.51% were the main groups where high annual increases realized.

CPI annual rate of changes in main groups (%), August 2020

The highest monthly decrease was 2.11% in clothing and footwear

In August 2020, the other main group that indicated a decrease was food and non-alcoholic beverages with 0.08%. On the other hand, miscellaneous goods and services with 5.09%, transportation and hotels, cafes and restaurants with 1.56% were the main groups where high monthly increases realized.

CPI monthly rate of changes in main groups (%), August 2020

In August 2020 within average prices of 418 items in the index, the average prices of 92 items decreased and the average prices of 53 items remained unchanged while the average prices of 273 items increased.

The indicator for CPI having specified coverage (B) increased by 11.18% annually and 0.78% monthly

A rise in CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold was realized in CPI (2003=100) on the previous month by 0.78%, on December of the previous year by 7.30%, on same month of the previous year by 11.18% and on the twelve months moving averages basis by 10.59% in August 2020.

The next release on this subject will be on October 05, 2020.


Source: TurkStat
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