Breaking News

Turkey Consumer Price Index (CPI) MoM

Latest Release

Dec 03, 2024

Actual

2.24%

Forecast

1.91%

2.88%

The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time with a given starting point or base period which is usually taken as 100. the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.

Importance:

Country:

Currency: TRY

Source: TURKSTAT-Turkish Statistical I...

Release Date	Time	Actual	Forecast	Previous
Dec 03, 2024 (Nov)	02:00	2.24%	1.91%	2.88%
Nov 04, 2024 (Oct)	02:00	2.88%	2.60%	2.97%
Oct 03, 2024 (Sep)	02:00	2.97%	2.20%	2.47%
Sep 03, 2024 (Aug)	02:00	2.47%	2.64%	3.23%
Aug 05, 2024 (Jul)	02:00	3.23%	3.45%	1.64%
Jul 03, 2024 (Jun)	02:00	1.64%	2.22%	3.37%

News

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 By Investing.com - Oct 03, 2022 2

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...

Turkish Inflation Surges to 80.21% in August - TURKSTAT By Investing.com - Sep 05, 2022 6

By Scott Kanowsky Investing.com -- Inflation in Turkey soared in August, registering the highest annual increase during President Recep Tayyip Erdoğan's nearly two decades in charge of the...

Analysis

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Will the recovery continue?It’s likely to be another action-packed week despite numerous countries seeing it shortened by bank holidays. The jobs report is typically the highlight when it comes...

European Currencies Continue To Bear The Brunt Of The Russia-Ukraine Crisis By Marc Chandler - Mar 03, 2022

Russia's invasion of Ukraine and the global response was a game-changer, as Fed Chair Powell told Congress yesterday. The UK-based research group NISER estimated that world output will be cut by 1% by...

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After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again...

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