Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Turkey

00XTOBTRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,233.04

Year-over-Year Change

33.73%

Date Range

1/1/1996 - 7/1/2025

Summary

The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Turkey measures changes in the prices of goods and services purchased by Turkish consumers, excluding tobacco products.

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

This index is a key indicator of inflation in Turkey, tracking price changes across a broad basket of consumer goods and services. It is used by policymakers and analysts to assess the overall health of the Turkish economy.

Methodology

The data is collected through regular surveys of prices paid by Turkish households.

Historical Context

The index is used to inform monetary policy decisions by the Central Bank of the Republic of Turkey.

Key Facts

  • Excludes tobacco products from the basket of goods and services.
  • Uses a harmonized methodology across European Union countries.
  • Published monthly by the Turkish Statistical Institute.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Turkey measures changes in the prices of goods and services purchased by Turkish consumers, excluding tobacco products.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of inflation in Turkey, used by policymakers and analysts to assess the overall health of the Turkish economy.

Q: How is this data collected or calculated?

A: The data is collected through regular surveys of prices paid by Turkish households.

Q: How is this trend used in economic policy?

A: The index is used to inform monetary policy decisions by the Central Bank of the Republic of Turkey.

Q: Are there update delays or limitations?

A: The index is published monthly by the Turkish Statistical Institute.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Turkey (00XTOBTRM086NEST), retrieved from FRED.