Turkish Statistical Institute's CPI Calculation Method Stirs Debate

Monday, 8 July 2024, 16:54

The Turkish Statistical Institute (TÜİK) is facing scrutiny for using unusually low prices, like 33 liras for medical examinations and 5,844 liras for rent, in its consumer price index calculation. Journalist Alaattin Aktaş reports that TÜİK has not disclosed the prices used despite a court order since April 2022. This has raised concerns about the accuracy and transparency of the CPI data produced by TÜİK.

Duvarenglish — Turkish Statistical Institute's CPI Calculation Method Stirs Debate

The Controversy

The Turkish Statistical Institute (TÜİK) is under fire for its method of calculating the consumer price index (CPI).

Key Points:

TÜİK using unusually low prices for items like medical examinations and rent in CPI calculation.
Journalist Alaattin Aktaş revealing TÜİK's lack of transparency in disclosing CPI calculation prices.
Court ruling requiring TÜİK to publish price data for CPI calculation, which has not been followed.

Conclusion:

The controversy surrounding TÜİK's CPI calculation raises significant doubts about the accuracy and reliability of the inflation data reported by the institute.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

The Controversy

Key Points:

Conclusion:

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