Home News Consumer price index in Turkey increased by 11.39% annually and 1.36% monthly

Consumer price index in Turkey increased by 11.39% annually and 1.36% monthly

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Consumer Price Index, May 2020 in Turkey

A rise in general index was realized in CPI (2003=100) on the previous month by 1.36%, on December of the previous year by 4.57%, on same month of the previous year by 11.39% and on the twelve months moving averages basis by 12.10% in May 2020.

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

The lowest annual increase was 2.98% in communication

Recreation and culture with 3.74%, transportation with 6.69% and clothing and footwear with 7.68% were the other main groups where low annual increases realized. On the other hand, alcoholic beverages and tobacco with 21.41%, miscellaneous goods and services with 20.86% and housing with 14.45% were the main groups where high annual increases realized.

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

The lowest monthly increase was 0.16% in hotels, cafes and restaurants

In May 2020, there was no main group that indicated a decrease. Hotels, cafes and restaurants with 0.16%, health with 0.22% and food and non-alcoholic beverages with 0.24% were the groups that indicated lowest monthly increase amongst the main groups. On the other hand, clothing and footwear with 6.85%, transportation with 3.30% and miscellaneous goods and services with 1.92% were the main groups where high monthly increases realized.

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

In May 2020 within average prices of 418 items in the index, the average prices of 66 items decreased and the average prices of 70 items remained unchanged while the average prices of 282 items increased.

The indicator for CPI having specified coverage (B) increased by 11.21% annually and 1.52% 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 1.52%, on December of the previous year by 3.79%, on same month of the previous year by 11.21% and on the twelve months moving averages basis by 11.74% in May 2020.

The next release on this subject will be on July 03, 2020.


Source: TurkStat
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