January 3, 2023

Consumer Price Index in Türkiye, December 2022

Consumer price index (CPI) realized as 64.27% annually and 1.18% monthly

A change in general index was realized in CPI (2003=100) on the previous month by 1.18%, on December of the previous year by 64.27%, on same month of the previous year by 64.27% and on the twelve months moving averages basis by 72.31% in December 2022.

Rate of changes in CPI (%), December 2022

December 2022 December 2021 December 2020
Monthly rate of change 1.18 13.58 1.25
Rate of change on December of the previous year 64.27 36.08 14.60
Annual rate of change 64.27 36.08 14.60
Rate of change in 12 months moving averages 72.31 19.60 12.28

Clothing and footwear with 25.87% was the main group that indicated the lowest annual increase. On the other hand, housing with 79.83% was the main group where the highest annual increase realized.

In December 2022, transportation with -4.14% was the main group that indicated the lowest monthly increase. On the other hand, health with 5.91% was the main group where the highest monthly increase realized (indices, weights and rate of changes (%) by main expenditure groups are given in the Table-1).

In December 2022, within indices of 144 basic headings (Classification of Individual Consumption by Purpose-COICOP 5 Digit Level) in the index, the index of 24 basic headings decreased and the index of 9 basic headings remained unchanged while the index of 111 basic headings increased.

The indicator for CPI having specified coverage (B) realized as 57.68% annually and 1.94% monthly

A change in CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold was realized in CPI (2003=100) on the previous month by 1.94%, on December of the previous year by 57.68%, on same month of the previous year by 57.68% and on the twelve months moving averages basis by 62.93% in December 2022.

Indicators for the CPIs having specified coverages (%), December 2022

Rate of changes (%)
Group Coverage Monthly On
December of
the previous year
Annual In 12 months
moving averages
Index
A CPI excluding seasonal products 1.54 66.29 66.29 74.95 1 203.02
B CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold 1.94 57.68 57.68 62.93 950.84
C CPI excluding energy, food and non-alcoholic beverages, alcholic beverages, tobacco and gold 1.86 51.93 51.93 57.34 853.52
D CPI excluding unprocessed food, alcoholic beverages and tobacco 1.21 62.94 62.94 70.87 1 038.10
E CPI excluding alcoholic beverages and tobacco 1.23 64.23 64.23 72.53 1 100.92
F CPI excluding administered and directed prices 0.91 60.02 60.02 72.22 1 113.64

The next release on this subject will be on February 03, 2023.


Source: Turkish Statistical Institute (TurkStat)
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