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BackTURKSTAT Announced Special Comprehensive CPI Indicators for August

TURKSTAT Announced Special Comprehensive CPI Indicators for August

Developing

Sabah EkonomiyesterdayEconomy1 min readTürkiye

TURKSTAT Announced Special Comprehensive CPI Indicators for August

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Turkish Statistical Institute announced the special comprehensive CPI indicators adjusted for seasonal effects for August.
While the general CPI increased by 2.29 percent monthly, the highest increase in the energy sector was recorded at 5.46 percent.

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Why It Matters

Turkish Statistical Institute regularly announces special comprehensive CPI indicators adjusted for seasonal effects. These indicators are used to analyze the underlying trend of inflation.

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Turkish Statistical Institute announced the special comprehensive CPI indicators adjusted for seasonal effects for August.

Accordingly, the general CPI, one of the subheadings of the indicators, increased by 2.29 percent monthly in August.

Last month, the CPI excluding unprocessed food products, energy, alcoholic beverages and tobacco and gold increased by 2 percent, and the CPI excluding energy, food and non-alcoholic beverages, alcoholic beverages, tobacco products and gold increased by 2 percent.

The index increased by 1.29 percent in energy and non-food goods, 5.46 percent in energy, 1.48 percent in food and non-alcoholic beverages, and 2.91 percent in services.

The change rates (percentage) of seasonally adjusted special comprehensive CPI indicators on a monthly basis in August are as follows:

Open Questions

What are the main reasons for this increase in inflation?
How can the Central Bank react to this data?

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This article was originally published by Sabah Ekonomi.

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