Definition

See Inflation Index .

Use

In Turkey, the government publishes provisional inflation indexes quarterly, and a definitive inflation index at year-end. Provisional indexes are also published monthly, which business use to carry out monthly revaluations for controlling purposes. All indexes are published in accumulated format.

The standard system contains a general index and a specific index for use with Turkish company codes. The general index, TR01, contains sample inflation rates, and you use it for general asset revaluation. You use the specific index, TR02, for adjusting your revaluation funds. Again, it comes complete with sample rates. You can change these indexes or add new ones as required.