Retail

CPI for clothing-footwear in Turkiye down 2.58% MoM, up 39.57% YoY

06 Aug '24

1 min read

CPI for clothing-footwear in Turkiye down 2.58% MoM, up 39.57% YoY

Pic: Adobe Stock

Insights

Turkiye's CPI in July rose by 3.23 per cent MoM and 61.78 per cent YoY.
Clothing and footwear, with minus 2.58 per cent, was the main sector that indicated a monthly drop in July.
The sector's CPI rose by 39.57 per cent YoY in July.
CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold rose by 2.47 per cent MoM and 60.31 per cent YoY.

Turkiye’s consumer price index (CPI) in July this year increased by 3.23 per cent month on month (MoM), 28.76 per cent on the December 2023 figure, 61.78 per cent year on year (YoY) and 65.93 per cent on a twelve-months moving averages basis.

Clothing and footwear, with minus 2.58 per cent, was the main sector that indicated a monthly drop in the month, an official release said. The sector’s CPI rose by 39.57 per cent YoY in the month.

Among indices of 143 basic headings in the index, the indices of 24 basic heading decreased and those of 4 basic headings remained unchanged while those of 115 basic headings rose.

CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold rose by 2.47 per cent MoM, 28.48 per cent on the December 2023 figure, 60.31 per cent YoY and 68.37 per cent on a twelve-months moving averages basis in July.

Fibre2Fashion News Desk (DS)

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