Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Turkiye
TURCPHPEN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.60
Year-over-Year Change
10.91%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Turkiye measures the changes in the prices of energy products, including electricity, natural gas, motor fuels, and other fuels. This metric is a key indicator of inflation and consumer purchasing power.
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 Energy in Turkiye is a subcomponent of the broader Consumer Price Index, which tracks the cost of a basket of consumer goods and services. The energy CPI is used by policymakers and analysts to assess the impact of energy prices on the overall cost of living.
Methodology
The data is collected through monthly price surveys of a representative sample of businesses and households across Turkiye.
Historical Context
Tracking the energy CPI helps inform monetary and fiscal policies aimed at maintaining price stability and supporting economic growth.
Key Facts
- The energy CPI accounts for around 13% of the total CPI basket in Turkiye.
- Energy prices in Turkiye rose by 45.2% year-over-year as of the latest data.
- The energy CPI is a key input for the Central Bank of Turkiye's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Turkiye measures the changes in the prices of electricity, natural gas, motor fuels, and other energy products consumed by households.
Q: Why is this trend relevant for users or analysts?
A: The energy CPI is a crucial indicator of inflationary pressures, as energy costs have a significant impact on the overall cost of living and consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through monthly price surveys of a representative sample of businesses and households across Turkiye.
Q: How is this trend used in economic policy?
A: Tracking the energy CPI helps inform monetary and fiscal policies aimed at maintaining price stability and supporting economic growth in Turkiye.
Q: Are there update delays or limitations?
A: The energy CPI data is typically published with a 1-month lag and may be subject to periodic revisions.
Related Trends
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Unit Labor Costs: Total for Turkey
TURULQEUL01GYSAQ
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Turkey
TURCP110000IXNBM
Interest Rates, Discount Rate for Turkey
INTDSRTRM193N
Bank's Overhead Costs to Total Assets for Turkey
DDEI04TRA156NWDB
Fertility Rate, Total for Turkey
SPDYNTFRTINTUR
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Turkiye
LRAC25FETRQ156S
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Turkiye (TURCPHPEN01GYM), retrieved from FRED.