TÜİK - Consumer Price Index (CPI) rose 11.75% annually and 0.97% monthly

Consumer Price Index, September 2020

The consumer price index (CPI) rose 11.75% year-on-year and 0.97% month-on-month

In the CPI (2003=100), an increase of 0.97% was recorded in September 2020 compared with the previous month, 8.33% compared with December of the previous year, 11.75% compared with the same month of the previous year, and 11.47% according to the twelve-month averages.

CPI annual rates of change (%), September 2020

The lowest annual increase, 0.68%, occurred in the alcoholic beverages and tobacco group

The other main groups with low increases compared with the same month of the previous year were, respectively, communication at 6.74%, clothing and footwear at 6.91%, and education at 7.55%. By contrast, the main groups with high increases compared with the same month of the previous year were, respectively, miscellaneous goods and services at 25.17%, health at 15.09%, and food and non-alcoholic beverages at 14.95%.

CPI annual rates of change by main expenditure groups (%), September 2020

The highest monthly decrease, 0.07%, occurred in the education group

In terms of main expenditure groups, the other main group that posted a decrease in September 2020 was clothing and footwear at 0.03%. By contrast, the groups with high increases in September 2020 by main expenditure groups were, respectively, furnishings and household equipment at 3.02%, transport at 1.84%, and housing at 0.93%.

CPI monthly rates of change by main expenditure groups (%), September 2020

In September 2020, out of the 418 items covered in the index, the average price of 62 items decreased while the average price of 42 items remained unchanged. The average price of 314 items increased.

The special-coverage CPI indicator (B) rose 11.57% year-on-year and 1.35% month-on-month

In the CPI excluding unprocessed food products, energy, alcoholic beverages and tobacco, and gold, an increase of 1.35% was recorded in September 2020 compared with the previous month, 8.75% compared with December of the previous year, 11.57% compared with the same month of the previous year, and 10.81% according to the twelve-month averages.

The release date of the next news bulletin on this subject is November 3, 2020.