MoM Change in Consumer Price Index (CPI) in Turkey
Turkey| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-on-month Consumer Price Index (CPI) in Turkey measures the change in prices of goods and services purchased by consumers compared to the previous month. This data, released monthly by the Turkish Statistical Institute (TUIK), is critical for evaluating short-term inflation trends.
Month-on-month CPI data helps understand how inflation fluctuates over short periods. An increase in CPI indicates rising inflationary pressures, potentially reducing consumer purchasing power. Conversely, a decrease in CPI suggests deflationary risks, which could improve consumer purchasing power.
This data serves as a crucial reference for policymakers in assessing inflation trends and formulating appropriate monetary policies. For instance, if CPI shows significant growth, the central bank may consider raising interest rates to curb inflation. Conversely, if CPI is decreasing, there might be a need to strengthen economic stimulus measures. Additionally, this information is vital for businesses and investors in forecasting inflation trends and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
