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Turkey Consumer Price Index (CPI) YoY

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Turkey Consumer Price Index (CPI) YoY

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Status

 
Latest Release
Feb 03, 2023
Actual
57.68%
Forecast
53.50%
Previous
64.27%
The Consumer Price Index (CPI) measures the change in the prices of goods and services from the perspective of the consumer. The Central bank pays very close attention to this figure in its role of maintaining price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the TRY , while a weaker than forecast reading is generally negative (bearish) for the TRY.
Importance:
Country:
Currency: TRY
Source: TURKSTAT - Turkish Statistical...
Turkey Consumer Price Index (CPI) YoY
 
Release Date Time Actual Forecast Previous
Feb 03, 2023 (Jan) 07:00 57.68% 53.50% 64.27%
Jan 03, 2023 (Dec) 07:00 64.27% 66.53% 84.39%
Dec 05, 2022 (Nov) 07:00 84.39% 84.65% 85.51%
Nov 03, 2022 (Oct) 07:00 85.51% 85.60% 83.45%
Oct 03, 2022 (Sep) 07:00 83.45% 84.63% 80.21%
Sep 05, 2022 (Aug) 07:00 80.21% 81.22% 79.60%

News

Turkish Inflation Tops 85% In Likely Peak for This Year
Turkish Inflation Tops 85% In Likely Peak for This Year By Bloomberg - Nov 03, 2022

(Bloomberg) -- Turkish annual inflation accelerated for the 17th month in a row in October, driven by a surge in food prices and high energy costs to its likely peak during President Recep Tayyip...

Turkish Inflation Rate Rises to Highest Since 1998
Turkish Inflation Rate Rises to Highest Since 1998 By Investing.com - Oct 03, 2022

By Scott Kanowsky  Investing.com -- The rate of inflation in Turkey rose to its highest mark since 1998 in September, according to data from the Turkish Statistical Institute, extending a recent...

Analysis

Ipek Ozkardeskaya
Everyone Hikes, Turkey Cuts By Ipek Ozkardeskaya - Aug 19, 2022 1

The Norwegian central bank raised the interest rates by 50bp yesterday and said that there will be a similar move in September, to tackle the soaring inflation in Norway. The Philippines hiked by 50bp...

CPI (YoY) Discussion

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