Retail

Turkish Oct clothing-footwear CPI up 31.37% YoY, 14.32% MoM: Turkstat

06 Nov '24

1 min read

Turkish Oct clothing-footwear CPI up 31.37% YoY, 14.32% MoM: Turkstat

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Insights

Turkish consumer price index (CPI) rose by 48.58 per cent YoY and 2.88 per cent month on month (MoM) in October.
Clothing and footwear (plus 14.32 per cent) was the main group where the highest MoM rise in CPI was seen.
The clothing and footwear CPI rose by 31.37 per cent YoY in October.
The country's domestic producer price index rose by 32.24 per cent YoY and 1.29 per cent MoM in the month.

Turkish consumer price index (CPI) increased by 48.58 per cent year on year (YoY) and 2.88 per cent month on month (MoM) in October this year, according to Turkstat.

It rose by 39.77 per cent on the December 2023 figure and by 62.02 per cent on the twelve-months moving averages basis in the month.

In October, transportation was the main group that indicated the highest monthly CPI decrease. On the other hand, clothing and footwear (plus 14.32 per cent) was the main group where the highest monthly increase was seen. The CPI for clothing and footwear increased by 31.37 per cent YoY in October.

The country’s domestic producer price index (D-PPI) increased by 32.24 per cent YoY and 1.29 per cent MoM in October. It increased by 27.17 per cent on the December 2023 figure and by 43.93 per cent on the twelve-months moving averages basis in the month.

D-PPI for manufactured products increased by 32.85 per cent YoY and by 1.61 per cent MoM in the month.

Fibre2Fashion News Desk (DS)

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