Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Turkey
00XFUETRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,198.81
Year-over-Year Change
35.59%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Turkey measures the change in consumer prices for goods and services in Turkey, excluding the cost of liquid fuels and lubricants for personal transport. This provides insight into broader inflationary trends in the Turkish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index is a key economic indicator used to assess the overall cost of living and purchasing power in Turkey. It excludes the volatile price movements of liquid fuels and lubricants for personal transportation, providing a more stable measure of underlying consumer price inflation.
Methodology
The data is collected by Turkey's national statistical agency through a nationwide survey of consumer prices.
Historical Context
This index is closely monitored by the Central Bank of Turkey and international financial institutions to inform monetary and fiscal policy decisions.
Key Facts
- Turkey's inflation rate excluding fuel and lubricants was 63.5% in March 2023.
- The index has a base year of 2015=100.
- It is published monthly by the Turkish Statistical Institute.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Turkey measures the change in consumer prices for goods and services in Turkey, excluding the volatile costs of liquid fuels and lubricants for personal transportation.
Q: Why is this trend relevant for users or analysts?
A: This index provides a more stable and informative measure of underlying inflationary pressures in the Turkish economy, compared to the headline consumer price index which can be influenced by fluctuations in energy prices.
Q: How is this data collected or calculated?
A: The data is collected by Turkey's national statistical agency through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: This index is closely monitored by the Central Bank of Turkey and international financial institutions to inform monetary and fiscal policy decisions aimed at managing inflation and promoting economic stability.
Q: Are there update delays or limitations?
A: The index is published monthly by the Turkish Statistical Institute with minimal delays, providing timely data for policymakers and analysts.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Turkiye
LRHUADFETRA156N
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Turkiye
LRUN24FETRQ156S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Turkiye
TURSLRTTO01IXOBM
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Turkiye
BSCICP03TRM665S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Turkiye
TURCP020000GYQ
Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Turkiye
BSPRTE02TRM460S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Turkey (00XFUETRM086NEST), retrieved from FRED.