Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Turkiye
TURCPHP0300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.70
Year-over-Year Change
-70.60%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Turkiye measures the change in prices paid by consumers for apparel and related items. It is a key indicator of inflationary pressures and consumer purchasing power in this economic sector.
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 Clothing and Footwear CPI is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by urban consumers for a representative basket of goods and services. It specifically focuses on the apparel and footwear category, providing insights into inflationary trends within this segment of the Turkiye consumer market.
Methodology
The data is collected through surveys of retail establishments and households in Turkiye.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and consumer behavior within the clothing and footwear industry in Turkiye.
Key Facts
- The Clothing and Footwear CPI is a subcomponent of the broader Consumer Price Index in Turkiye.
- It measures the average change in prices paid by consumers for apparel and related items.
- The data is collected through surveys of retail establishments and households in Turkiye.
FAQs
Q: What does this economic trend measure?
A: The Clothing and Footwear CPI for Turkiye measures the change in prices paid by consumers for apparel and related items, providing insights into inflationary pressures within this economic sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and market analysts in Turkiye as it offers insights into inflationary pressures and consumer behavior within the clothing and footwear industry, which is an important component of the overall consumer market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households in Turkiye.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and consumer behavior within the clothing and footwear industry in Turkiye, which can inform economic policies and market interventions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations associated with consumer price index surveys and calculations in Turkiye.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Turkiye (TURCPHP0300GYM), retrieved from FRED.