03.03.2025 10:10
The Turkish Statistical Institute (TÜİK) has announced the inflation figures for February, which the markets have been eagerly awaiting. Accordingly, the change in the Consumer Price Index (CPI) was 2.27% compared to the previous month, 7.42% compared to December of the previous year, 39.05% compared to the same month of the previous year, and 53.83% based on twelve-month averages.
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The Turkish Statistical Institute (TÜİK) announced the inflation figures for February. The consumer price index (CPI) increased by 39.05% annually and 2.27% monthly.
HIGHEST INCREASE IN EDUCATION
The change in CPI in February 2025 compared to the previous month was 2.27%, compared to December of the previous year was 7.42%, compared to the same month of the previous year was 39.05%, and according to twelve-month averages was 53.83%.
The main group with the least increase compared to the same month of the previous year was clothing and footwear at 20.84%. In contrast, the main group with the highest increase compared to the same month of the previous year was education at 94.90%.
LARGEST DECREASE IN CLOTHING AND FOOTWEAR
In terms of main expenditure groups, the main group that decreased the most in February 2025 compared to the previous month was clothing and footwear at -5.06%. In contrast, the main group with the highest increase in February 2025 compared to the previous month was education at 9.92% (the indices, weights, and change rates according to main expenditure groups are in Annex Table-1).
Out of the 143 basic headings covered by the index (Classification of Individual Consumption According to Purpose - COICOP 5-digit Level), as of February 2025, there was a decrease in the index of 25 basic headings, while there was no change in the index of 5 basic headings. The index of 113 basic headings increased.
THE SPECIAL CPI INDICATOR WAS 39.47% ANNUALLY AND 2.32% MONTHLY
Excluding unprocessed food products, energy, alcoholic beverages, tobacco, and gold, the change in CPI in February 2025 compared to the previous month was 2.32%, compared to December of the previous year was 7.91%, compared to the same month of the previous year was 39.47%, and according to twelve-month averages was 53.40%.
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