Istanbul's January inflation figures announced

Istanbul's January inflation figures have been announced. In January 2025, the ITO Istanbul Consumer Price Index, which serves as an indicator of retail price movements in Istanbul, recorded a monthly increase of 5.16 percent. The annual rate of change, which shows the price variations in Istanbul in January 2025 compared to January 2024, was recorded at 48.40 percent in the ITO Istanbul Consumer Price Index (2023=100 base).

In January 2025, compared to the previous month, the Istanbul Consumer Price Index saw increases of 18.82 percent in the Health Expenditures group, 10.95 percent in the Transportation Expenditures group, 8.48 percent in the Restaurants and Hotels group, 8.47 percent in the Education Expenditures group, 7.80 percent in the Entertainment and Culture Expenditures group, 7.03 percent in the Housing Expenditures group, 6.92 percent in the Miscellaneous Goods and Services Expenditures group, 4.67 percent in the Household Goods Expenditures group, 3.90 percent in the Food and Non-Alcoholic Beverages Expenditures group, and 0.81 percent in the Alcoholic Beverages and Tobacco Expenditures group, while a decrease of 1.62 percent was observed in the Clothing and Footwear Expenditures group.

The determination of the January 2025 price index in Istanbul was influenced by official price changes observed in certain products and services within the Health, Transportation, and Housing Expenditures groups, as well as increases linked to market conditions in the Food, Restaurants and Hotels, and Education expenditures groups, alongside downward price movements in the Clothing Expenditures group.

In January 2025, the highest group increase was observed in the Health Expenditures group (18.82 percent), while the highest decrease was observed in the Clothing and Footwear Expenditures group (1.62 percent).