Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Turkiye
TURCP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
776.51
Year-over-Year Change
25.81%
Date Range
1/1/2005 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Turkiye measures changes in the prices of goods and services related to leisure activities, entertainment, and cultural participation. This trend is a key indicator of consumer spending and inflationary pressures in Turkiye's 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
The Recreation and Culture CPI is part of the broader Harmonized Index of Consumer Prices (HICP) framework used to track consumer inflation across European Union member states. It provides a detailed breakdown of price changes in a range of recreational, entertainment, and cultural goods and services consumed by Turkish households.
Methodology
The data is collected through regular surveys of prices at retail outlets and service providers across Turkiye.
Historical Context
Policymakers and analysts use the Recreation and Culture CPI to assess consumer demand and overall inflationary dynamics in the Turkish economy.
Key Facts
- The Recreation and Culture CPI has a base year of 2015.
- It accounts for around 9% of the overall HICP basket in Turkiye.
- Prices for this category have risen by an average of 18% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Recreation and Culture CPI measures changes in the prices of goods and services related to leisure activities, entertainment, and cultural participation in Turkiye.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending patterns and inflationary pressures in the Turkish economy, which is valuable for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices at retail outlets and service providers across Turkiye.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Recreation and Culture CPI to assess consumer demand and overall inflationary dynamics in the Turkish economy.
Q: Are there update delays or limitations?
A: The Recreation and Culture CPI is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Turkiye (TURCP090000IXOBM), retrieved from FRED.