Producing CPI During Covid-19 Period in Türkiye
Chapter from the book:
Akoğul,
S.
&
Tuna,
E.
(eds.)
2024.
Academic Studies with Current Econometric and Statistical Applications.
Synopsis
The first Covid-19 national lockdown was decelerated on 11 March 2020 in Türkiye. The full lockdown process has made it difficult to collect the data necessary for both household budget surveys and consumer price index in Türkiye. Nevertheless, these challenges of Covid-19 have forced national statistical offices to produce reliable, qualified and timely consumer price statistics through using alternative data sources such as scanner data and web scraping data. In this paper, experiences gained by the Turkish Statistical Institute to overcome the difficulties arise by Covid-19 have been shared. It is noteworthy that during the Covid-19 pandemic, Turkish Statistical Institute (TurkStat) successfully raised the proportion of prices essential for the Consumer Price Index (CPI) sourced from alternative data from 0% to approximately 49% within a span of just one to two years.
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Copyright (c) 2024 Serkan Akoğul, Elif Tuna; Eda Yalçın Kayacan, Tuncay Moralı, Serkan Akoğul, Mert Veznikli, Zehra Zeynep Şahinbaşoğlu, Elif Bahadır, Şevval Gökçen, Elif Tuna, Mehmet Şamil Güneş, Nida Oruç, Doğan Yıldız, Gizem Aydın, Mehmet Yalçın, Aylin Uçan, Nuran Çakır Yıldız, İbrahim Demir, Furkan Metin, Metin Aytaç, Turgay Altun, Mehmet Şaban Uçarı, Onur Şentürk, Cem Baş, Atıf Evren, Erhan Ustaoğlu, Büşra Şahin, Muzaffer Göztaş, Doğan Yıldız, Arda Tekin, Boran Toktay, Ahmet Can Günay, Harun Yazgan, Neslihan G. İnan, Ozan Kocadağlı, Selim Serin, Gülder Kemalbay, Ümmü Şahin Şener, Ersin Şener