Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Turkiye
TURCP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,407.26
Year-over-Year Change
89.19%
Date Range
1/1/2005 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Turkiye tracks changes in the cost of housing for consumers. This metric is a key indicator of inflation and living costs in the country.
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 Actual Rentals for Housing CPI represents the price index for housing services, specifically the cost of renting a residence. It is an important component of the overall consumer price index and helps policymakers and economists assess the impact of housing costs on the broader cost of living.
Methodology
The CPI data is collected through surveys of households and landlords to track changes in rental prices over time.
Historical Context
This housing cost index is used to inform monetary policy and guide decisions on interest rates and other economic interventions.
Key Facts
- The Actual Rentals for Housing CPI is a subindex of the overall Consumer Price Index.
- Housing costs are a major component of household budgets, making this metric crucial for understanding inflation.
- The CPI data is collected monthly to track changing housing costs over time.
FAQs
Q: What does this economic trend measure?
A: The Actual Rentals for Housing CPI measures changes in the cost of housing services, specifically the price of renting a residence, for consumers in Turkiye.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of inflation and the cost of living, helping policymakers and economists assess the impact of housing costs on the broader economy.
Q: How is this data collected or calculated?
A: The CPI data is collected through surveys of households and landlords to track changes in rental prices over time.
Q: How is this trend used in economic policy?
A: The Actual Rentals for Housing CPI is used to inform monetary policy and guide decisions on interest rates and other economic interventions.
Q: Are there update delays or limitations?
A: The CPI data is collected and published monthly, with minimal delay, providing timely information on changing housing costs.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Turkiye (TURCP040100IXOBM), retrieved from FRED.