In this study, we used the flare index (FI) data taken from Kandilli Observatory for the period of 2009–2020. The data sets are analyzed in three categories as Northern Hemisphere, Southern Hemisphere, and total FI data sets. Total FI data set is obtained from the sum of Northern and Southern Hemispheric values. In this study, the periodic variations of abovementioned three categories FI data sets were investigated by using the MTM and Morlet wavelet analysis methods. The wavelet coherence (XWT) and cross wavelet (WTC) analysis methods were also performed between these data sets. As a result of our analysis, the following results were found: (1) long- and short-term periodicities (
2048
±
512
day and periodicities smaller than 62 days) exist in all data sets without any exception at least with
95
%
confidence level; (2) all periodic variations were detected maximum during the solar cycle, while during the minima, no meaningful period is detected; (3) some periodicities have data preference that about 150 days Rieger period appears only in the whole data set and 682-, 204-, and 76.6-day periods appear only in the Northern Hemisphere data sets; (4) During the Solar Cycle 24, more flare activity is seen at the Southern Hemisphere, so the whole disk data periodicities are dominated by this hemisphere; (5) in general, there is a phase mixing between Northern and Southern Hemisphere FI data, except about 1024-day periodicity, and the best phase coherency is obtained between the Southern Hemisphere and total flare index data sets; (6) in case of the Northern and Southern Hemisphere FI data sets, there is no significant correlation between two continuous wavelet transforms, but the strongest correlation is obtained for the total FI and Southern Hemisphere data sets.