Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Turkiye
TURCPHP0700GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.60
Year-over-Year Change
-72.93%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Turkiye measures the changes in the prices of goods and services related to transportation, such as fuel, public transport, and vehicle purchases and maintenance.
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 CPI for Transport in Turkiye is a key component of the broader Consumer Price Index, which is a widely used measure of inflation. It provides insight into the cost of living and the purchasing power of consumers in Turkiye.
Methodology
The data is collected through a survey of consumer expenditures and prices by the Turkish Statistical Institute.
Historical Context
The CPI for Transport is used by policymakers, economists, and market analysts to assess economic conditions and inform decisions.
Key Facts
- The base year for the CPI for Transport in Turkiye is 2015.
- The CPI for Transport accounts for approximately 15% of the overall Consumer Price Index in Turkiye.
- Fuel prices are the largest component of the CPI for Transport in Turkiye.
FAQs
Q: What does this economic trend measure?
A: The CPI for Transport in Turkiye measures the changes in the prices of goods and services related to transportation, including fuel, public transport, and vehicle purchases and maintenance.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Transport is a crucial indicator of the cost of living and purchasing power for consumers in Turkiye, and it is used by policymakers, economists, and market analysts to assess economic conditions and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer expenditures and prices by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: The CPI for Transport is used by policymakers, economists, and market analysts to assess economic conditions and inform decisions, such as monetary policy and consumer spending patterns.
Q: Are there update delays or limitations?
A: The CPI for Transport in Turkiye is published monthly by the Turkish Statistical Institute, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Turkiye (TURCPHP0700GYM), retrieved from FRED.