August 3, 2022
Consumer Price Index in Türkiye, July 2022
Consumer price index (CPI) realized as 79.60% annually and 2.37% monthly
A change in general index was realized in CPI (2003=100) on the previous month by 2.37%, on December of the previous year by 45.72%, on same month of the previous year by 79.60% and on the twelve months moving averages basis by 49.65% in July 2022.
Rate of changes in CPI (%), July 2022
| July 2022 | July 2021 | July 2020 | |
|---|---|---|---|
| Monthly rate of change | 2.37 | 1.80 | 0.58 |
| Rate of change on December of the previous year | 45.72 | 10.41 | 6.37 |
| Annual rate of change | 79.60 | 18.95 | 11.76 |
| Rate of change in 12 months moving averages | 49.65 | 15.15 | 11.51 |
Communication with 25.79% was the main group that indicated the lowest annual increase. On the other hand, transportation with 119.11% was the main group where the highest annual increase realized.
In July 2022, transportation with -0.85% was the main group that indicated the lowest monthly increase. On the other hand, health with 6.98% was the main group where the highest monthly increase realized
In July 2022, within indices of 144 basic headings (Classification of Individual Consumption by Purpose-COICOP 5 Digit Level) in the index, the index of 10 basic headings decreased and the index of 6 basic headings remained unchanged while the index of 128 basic headings increased.
The indicator for CPI having specified coverage (B) realized as 68.46% annually and 3.49% 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 3.49%, on December of the previous year by 37.59%, on same month of the previous year by 68.46% and on the twelve months moving averages basis by 42.81% in July 2022.
Indicators for the CPIs having specified coverages (%), July 2022
| Rate of changes (%) | ||||||
|---|---|---|---|---|---|---|
| Group | Coverage | Monthly | On December of the previous year |
Annual | In 12 months moving averages |
Index |
| A | CPI excluding seasonal products | 2.29 | 47.39 | 83.10 | 51.25 | 1 066.31 |
| B | CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold | 3.49 | 37.59 | 68.46 | 42.81 | 829.69 |
| C | CPI excluding energy, food and non-alcoholic beverages, alcholic beverages, tobacco and gold | 3.45 | 33.90 | 61.69 | 39.02 | 752.23 |
| D | CPI excluding unprocessed food, alcoholic beverages and tobacco | 2.09 | 44.32 | 77.80 | 48.31 | 919.44 |
| E | CPI excluding alcoholic beverages and tobacco | 2.16 | 45.32 | 79.46 | 50.23 | 974.15 |
| F | CPI excluding administered and directed prices | 2.02 | 42.87 | 79.88 | 51.16 | 994.29 |
The next release on this subject will be on September 05, 2022.
Source: Turkish Statistical Institute (TurkStat)
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
