Consumer Price Index: All Items: Total for Turkey
Index source base, Quarterly
TURCPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,595.06
Year-over-Year Change
237.37%
Date Range
1/1/1960 - 7/1/2023
Summary
The Index source base, Quarterly measure tracks changes in the base index value over time for a particular economic indicator on a quarterly basis.
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 serves as a benchmark for analyzing the relative changes in an economic variable, providing a standardized foundation for comparing its performance across different time periods.
Methodology
The data is calculated by the relevant statistical agency based on surveys and other data sources.
Historical Context
Economists and policymakers use this index to monitor trends and make informed decisions.
Key Facts
- The index base year is typically set to 100.
- Quarterly data provides a more granular view than annual data.
- Index values reflect relative changes, not absolute levels.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly measure tracks changes in the base index value of an economic indicator over time on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides a standardized benchmark for analyzing the relative performance of an economic variable, enabling comparisons across different time periods.
Q: How is this data collected or calculated?
A: The data is calculated by the relevant statistical agency based on surveys and other data sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to monitor trends and make informed decisions about the economy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates, and there may be lags in the availability of the most recent quarterly figures.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (TURCPALTT01IXNBQ), retrieved from FRED.