Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Turkey
00XE00TRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,240.74
Year-over-Year Change
33.15%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy for Turkey measures changes in the prices of consumer goods and services in Turkey, excluding the volatile energy sector. This trend is a key indicator of underlying inflation and economic conditions.
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 HICP Excluding Energy for Turkey is a sub-index of the broader HICP that removes the influence of energy prices, providing a more stable measure of core inflation. It is widely used by economists and policymakers to assess the overall health of the Turkish economy.
Methodology
The data is collected through surveys of consumer purchases and calculated according to harmonized methodologies set by Eurostat.
Historical Context
Policymakers at the Central Bank of Turkey and international institutions closely monitor the HICP Excluding Energy to guide monetary and fiscal policies.
Key Facts
- The HICP Excluding Energy for Turkey has a base year of 2015.
- Turkey joined the Harmonized Index of Consumer Prices system in 1996.
- Energy prices can fluctuate significantly, so the HICP Excluding Energy provides a more stable measure of underlying price trends.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy for Turkey measures changes in the prices of consumer goods and services in Turkey, excluding the volatile energy sector.
Q: Why is this trend relevant for users or analysts?
A: The HICP Excluding Energy is a key indicator of underlying inflation and economic conditions in Turkey, providing a more stable measure than the broader HICP.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated according to harmonized methodologies set by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers at the Central Bank of Turkey and international institutions closely monitor the HICP Excluding Energy to guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP Excluding Energy for Turkey is published monthly with a short delay, providing timely information on underlying inflation trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Turkey (00XE00TRM086NEST), retrieved from FRED.