Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for Turkey
CP0400TRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,315.01
Year-over-Year Change
62.01%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Housing, Water, Electricity, Gas and Other Fuels in Turkey measures changes in the prices of these essential household goods and services. This index is a key indicator of inflationary pressures and living costs for Turkish consumers.
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 is a standardized measure of consumer price inflation used across the European Union. The Housing, Water, Electricity, Gas and Other Fuels component of the HICP specifically tracks price changes in these critical household expenditures, providing insight into a major driver of the overall cost of living in Turkey.
Methodology
The data is collected by Turkey's statistical agency through surveys of consumer prices.
Historical Context
The HICP is closely monitored by the Central Bank of Turkey and other policymakers to guide monetary and fiscal policies.
Key Facts
- Turkey's HICP for Housing, Water, Electricity, Gas and Other Fuels has a base year of 2015.
- This index makes up around 24% of Turkey's overall HICP basket.
- Prices in this category have risen by over 60% since 2015 in Turkey.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Housing, Water, Electricity, Gas and Other Fuels in Turkey measures changes in the prices of these essential household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides key insights into inflationary pressures and the overall cost of living faced by Turkish consumers, which is crucial information for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by Turkey's statistical agency through surveys of consumer prices.
Q: How is this trend used in economic policy?
A: The HICP is closely monitored by the Central Bank of Turkey and other policymakers to guide monetary and fiscal policies aimed at managing inflation and supporting economic stability.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis, with a typical 2-3 week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for Turkey (CP0400TRM086NEST), retrieved from FRED.