Consumer Price Index, July 2024

Consumer price index (CPI) increased by 61.78% annually and 3.23% monthly

A change in general index was realized in CPI (2003=100) on the previous month by 3.23%, on December of the previous year by 28.76%, on same month of the previous year by 61.78% and on the twelve months moving averages basis by 65.93% in July 2024.

Rate of changes in CPI (%), July 2024



Annual rate of changes in CPI (%), July 2024



Clothing and footwear with 39.57% was the main group that indicated the lowest annual increase. On the other hand, education with 104.50% was the main group where the highest annual increase realized.

CPI annual rate of changes in main groups (%), July 2024



In July 2024, clothing and footwear with -2.58% was the main group that indicated monthly decrease. On the other hand, housing with 8.08% was the main group where the highest monthly increase realized (indices, weights and rate of changes (%) by main expenditure groups are given in the Table-1).

CPI monthly rate of changes in main groups (%), July 2024



In July 2024, within indices of 143 basic headings (Classification of Individual Consumption by Purpose-COICOP 5 Digit Level) in the index, the index of 24 basic heading decreased and the index of 4 basic headings remained unchanged while the index of 115 basic headings increased.

The indicator for CPI having specified coverage (B) increased by 60.31% annually and 2.47% monthly

A change in CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold was realized in CPI (2003=100) on the previous month by 2.47%, on December of the previous year by 28.48%, on same month of the previous year by 60.31% and on the twelve months moving averages basis by 68.37% in July 2024.

Indicators for the CPIs having specified coverages (%), July 2024