Turkey CPI Index in 2015
Turkey CPI Index opened 2015 at 96.11 and closed at 103.44, a +7.62% move for the year. The high of 103.44 was reached on December 1, and the low of 96.11 on January 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 96.11 | 96.11 | 96.11 | 96.11 | +0.00% |
| Feb | 96.80 | 96.80 | 96.80 | 96.80 | +0.00% |
| Mar | 97.95 | 97.95 | 97.95 | 97.95 | +0.00% |
| Apr | 99.54 | 99.54 | 99.54 | 99.54 | +0.00% |
| May | 100.10 | 100.10 | 100.10 | 100.10 | +0.00% |
| Jun | 99.59 | 99.59 | 99.59 | 99.59 | +0.00% |
| Jul | 99.68 | 99.68 | 99.68 | 99.68 | +0.00% |
| Aug | 100.07 | 100.07 | 100.07 | 100.07 | +0.00% |
| Sep | 100.97 | 100.97 | 100.97 | 100.97 | +0.00% |
| Oct | 102.54 | 102.54 | 102.54 | 102.54 | +0.00% |
| Nov | 103.22 | 103.22 | 103.22 | 103.22 | +0.00% |
| Dec | 103.44 | 103.44 | 103.44 | 103.44 | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.