Weight of meat decreased, bread and pasta increased in inflation basket in Turkey

Published 2021년 2월 3일

Tridge summary

The Turkey Statistical Institute (TSI) has updated the basket of items for the consumer price index (CPI) for 2021, reflecting changes in consumer spending due to the pandemic. The weight of 'food and non-alcoholic beverages' has increased to 25.94 percent, while 'alcoholic beverages and tobacco' has decreased to 4.88 percent. Health expenditures have also increased from 2.80 percent to 3.25 percent. Meanwhile, the number of items in TSI's inflation basket has decreased from 418 in 2020 to 415 in 2021, with the addition of pickles and sweatshirts for women, but the removal of items like cress, plum, certain types of refrigerators, mixed fabrics, and water heaters.

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Original content

Turkey Statistical Institute (TSI), as it does every year for inflation in 2021 also went to update the basket. The main group and item weights changed in the consumer price index (consumer inflation). While the weight of 'food and non-alcoholic beverages' in the basket increased from 22.77 percent to 25.94 percent, the share of the 'alcoholic beverages and tobacco' group decreased from 6.06 percent to 4.88 percent. With the impact of the pandemic, the weight of health expenditures increased from 2.80 percent to 3.25 percent. The share of transportation decreased from 15.62 percent to 15.49 percent. With the decline in tourism, the weight of restaurants and hotels increased from 8.67 percent to 5.91 percent, education from 2.58 percent to 2.28 percent, entertainment and culture from 3.26 percent to 3.01 percent. clothing and footwear fell from 6.96 percent to 5.87 percent. THE WEIGHT OF PASTA AND BREAD INCREASES INCREASING The impact of the poverty that has increased with the ...

Source: Bursahakimiyet