Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Turkey
ELGAS0TRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
901.43
Year-over-Year Change
54.72%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Turkey measures the changes in the prices of these essential energy products for Turkish consumers. This economic indicator is crucial for understanding trends in the cost of living and inflation pressures in Turkey.
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 tracks the price movements of a basket of electricity, natural gas, solid fuels, and other heating energy products that are representative of Turkish household consumption. It is an important component of the broader Harmonized Index of Consumer Prices, which is used to assess price stability and guide monetary policy decisions.
Methodology
The data is collected through surveys of prices paid by Turkish consumers and aggregated by the Turkish Statistical Institute.
Historical Context
Policymakers and economists analyze this index to gauge inflationary pressures and the impact of energy costs on the broader Turkish economy.
Key Facts
- The index has a base year of 2015.
- Energy costs make up a significant portion of the average Turkish household's expenditures.
- Fluctuations in this index can impact the broader rate of inflation in Turkey.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in the prices of electricity, natural gas, solid fuels, and other heating energy products consumed by Turkish households.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and the cost of living in Turkey, which is relevant for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by Turkish consumers and aggregated by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this index to assess inflationary pressures and the impact of energy costs on the broader Turkish economy, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of several weeks, and the data may be subject to revisions over time.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Turkiye
LFHU24MATRA647S
Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Turkey
CP0430TRM086NEST
Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye
TURBCBUTE02STSAM
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Turkey
TURCP040000GPM
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Turkiye
LREM64FETRQ156N
Mutual Fund Assets to GDP for Turkey
DDDI07TRA156NWDB
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Turkey (ELGAS0TRM086NEST), retrieved from FRED.