Turkey’s Statistical Authority Announces Financial Investment Instruments’ Real Return Rates for May
The Turkish Statistical Institute has released the “real return rates of financial investment instruments” for the month of May.
According to the report, the highest real return in May was recorded in the BIST 100 index, yielding 6.89% when adjusted for the domestic producer price index (Yİ-ÜFE) and 5.44% when adjusted for the consumer price index (TÜFE).
When adjusted for Yİ-ÜFE, the gross deposit interest provided a real return of 1.19%, while government domestic borrowing securities (DİBS) yielded 0.38%. Conversely, investments in euro lost 1.44%, dollars lost 2.25%, and gold lost 3.72%.
When adjusted for TÜFE, gross deposit interest resulted in a loss of 0.19%, DİBS experienced a loss of 0.99%, while euro lost 2.79%, dollars lost 3.58%, and gold lost 5.03%.
In a three-month evaluation, gold provided the highest real return among investment instruments, yielding 8.75% when adjusted for Yİ-ÜFE and 7.84% when adjusted for TÜFE. During the same period, DİBS recorded the highest losses, with percentage decreases of 5.42% when adjusted for Yİ-ÜFE and 6.21% when adjusted for TÜFE.
Regarding the six-month evaluation, the BIST 100 index yielded the highest real returns at 11.70% when adjusted for Yİ-ÜFE and 5.43% when adjusted for TÜFE. During this period, the dollar was identified as the investment with the most losses, experiencing declines of 5.65% and 10.95% when adjusted for Yİ-ÜFE and TÜFE, respectively.
HIGHEST ANNUAL REAL RETURN IN BIST 100 INDEX
When financial investment instruments are evaluated annually, the BIST 100 index provided the highest real returns at 44.44% when adjusted for Yİ-ÜFE and 29.81% when adjusted for TÜFE. In annual assessments, the real return for gold was 14.76%, for dollars it was 3.37%, and for euros it was 2.82% when adjusted for Yİ-ÜFE. On the other hand, gross deposit interest resulted in a loss of 26.08%, while DİBS led to a loss of 46.01% for investors.
When adjusted for TÜFE, gold provided a real return of 3.14%, while losses were reported for dollars at 7.1%, euros at 7.59%, gross deposit interest at 33.57%, and DİBS at 51.48%.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
