February 3, 2023
Consumer Price Index in Türkiye, January 2023
Consumer price index (CPI) realized as 57.68% annually and 6.65% monthly
A change in general index was realized in CPI (2003=100) on the previous month by 6.65%, on December of the previous year by 6.65%, on same month of the previous year by 57.68% and on the twelve months moving averages basis by 72.45% in January 2023.
Rate of changes in CPI (%), January 2023
| January 2023 | January 2022 | January 2021 | |
|---|---|---|---|
| Monthly rate of change | 6.65 | 11.10 | 1.68 |
| Rate of change on December of the previous year | 6.65 | 11.10 | 1.68 |
| Annual rate of change | 57.68 | 48.69 | 14.97 |
| Rate of change in 12 months moving averages | 72.45 | 22.58 | 12.53 |
Clothing and footwear with 24.24% was the main group that indicated the lowest annual increase. On the other hand, health with 77.22% was the main group where the highest annual increase realized.
In January 2023, clothing and footwear with -1.53% was the main group that indicated the lowest monthly increase. On the other hand, health with 18.35% 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).
In January 2023, within indices of 143 basic headings (Classification of Individual Consumption by Purpose-COICOP 5 Digit Level) in the index, the index of 12 basic headings decreased and the index of 2 basic headings remained unchanged while the index of 129 basic headings increased.
The indicator for CPI having specified coverage (B) realized as 57.05% annually and 7.07% 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 7.07%, on December of the previous year by 7.07%, on same month of the previous year by 57.05% and on the twelve months moving averages basis by 63.81% in January 2023.
Indicators for the CPIs having specified coverages (%), January 2023
| Rate of changes (%) | ||||||
|---|---|---|---|---|---|---|
| Group | Coverage | Monthly | On December of the previous year |
Annual | In 12 months moving averages |
Index |
| A | CPI excluding seasonal products | 7.23 | 7.23 | 59.97 | 75.09 | 1 290.0 |
| B | CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold | 7.07 | 7.07 | 57.05 | 63.81 | 1 018.03 |
| C | CPI excluding energy, food and non-alcoholic beverages, alcholic beverages, tobacco and gold | 7.67 | 7.67 | 52.97 | 58.22 | 919.02 |
| D | CPI excluding unprocessed food, alcoholic beverages and tobacco | 6.13 | 6.13 | 56.64 | 71.01 | 1 101.78 |
| E | CPI excluding alcoholic beverages and tobacco | 6.48 | 6.48 | 58.09 | 72.69 | 1 172.27 |
| F | CPI excluding administered and directed prices | 6.68 | 6.68 | 56.84 | 72.22 | 1 188.03 |
The next release on this subject will be on March 03, 2023.
Source: Turkish Statistical Institute (TurkStat)
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