Turkey Inflation April 2008

The Consumer Price Index was up on the previous month by 1,68%, on December of the previous year by 4,82%, on same month of the previous year by 9,66% and on the twelve months moving averages basis by 8,33% in April 2008.



The highest monthly increase was 11,69% in the index for clothing and footwear by main expenditure groups. The indices rose for transportation 2,38%, for hotels, cafes and restaurants 1,74%, for food and non-alcoholic beverages 1,01%, for miscellaneous goods and services 0,79%, for housing 0,72%, for furnishings and household equipment 0,52%, for education 0,12%, for health 0,06%, for communication 0,04%, for alcoholic beverages and tobacco 0,03%, while the index declined for recreation and culture -0,13%.

The highest annual increase was in the index for housing.

The highest increase was 15,22% in the index for housing compared with the same month of the previous year. Food and non-alcoholic beverages (13,48%), hotels, cafes and restaurants (12,77%), miscellaneous goods and services (9,84%) were the other indices where high increases were realised.

The highest monthly increase was 2,99% in TRB2 (Van, Muş, Bitlis, Hakkari) among 26 regions (NUTS2).

The highest monthly increase in CPI by regional basis was in TRB2 (Van, Muş, Bitlis, Hakkari) (2,99%). The high increases in CPI were recorded in TRB2 (Van, Muş, Bitlis, Hakkari) region (6,72%) compared with December of the previous year, in TRB2 (Van, Muş, Bitlis, Hakkari) region (12,49%) compared with the same month of the previous year and in TRA2 (Ağrı, Kars, Iğdır, Ardahan) (9,69%) on the twelve months moving averages basis.

Prices of 299 items increased in total of 454 items covered in the index.

In April 2008 within average prices of 454 items in the index, average prices of 73 items remained unchanged while average prices of 299 items increased and average prices of 82 items decreased.