Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Turkiye
TURCP070000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,264.19
Year-over-Year Change
22.76%
Date Range
1/1/2005 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Turkiye measures changes in the prices paid by consumers for a basket of transportation-related goods and services. This metric is a key indicator of inflationary pressures and consumer purchasing power.
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 CPI for Transport in Turkiye is a component of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) data for the country. It tracks price changes across a variety of transportation costs, including fuel, public transit, and vehicle maintenance.
Methodology
The data is collected through surveys of consumer expenditures and prices by Turkiye's statistical agency.
Historical Context
Policymakers and economists analyze this index to assess the impact of transportation costs on the overall cost of living and consumer inflation.
Key Facts
- Turkiye's CPI for Transport has increased by 20% over the past year.
- Transportation accounts for nearly 15% of the average Turkiye household's expenditures.
- The CPI for Transport is a major component of the overall Turkiye Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Transport in Turkiye measures changes in the prices paid by consumers for a basket of transportation-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power, as transportation costs are a significant component of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by Turkiye's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this index to assess the impact of transportation costs on the overall cost of living and consumer inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on changes in transportation costs.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Turkiye (TURCP070000IXOBM), retrieved from FRED.