CPI · TÜFE

Consumer Price Index

Macroeconomics

Turkish: Tüketici Fiyat Endeksi

Abbreviation: CPI

Short definition

CPI is the price change of the household basket. It indexes wages, rent and some contracts; the firm’s input inflation can diverge from PPI.

Detailed explanation

Core CPI strips energy and food; policy sometimes reacts to core. Basket and method revisions break level comparisons.

The price list does not pass CPI one-for-one: competition, contracts and demand elasticity cut pass-through. Real wages are the gap between CPI and the nominal wage.

Why it matters for the CFO

If rent and wages are CPI-linked, cash fixed cost inflates first; if selling prices lag, contribution narrows.

How to read it

CPI is not firm inflation. Basket weights are not your sales mix.

Related calculators

Güven Sayılgan’s writing on this topic

Read these first

What to learn next

  1. Inflation
  2. Producer Price Index (PPI)
  3. Inflation Expectations
  4. Real Interest Rate
  5. Policy Rate

Definitions are educational. They are not investment, credit or tax advice.