Turkey’s Statistical Institute (TÜİK) Reports on Real Returns of Financial Investment Instruments for September
The Turkish Statistical Institute (TÜİK) has announced the real return rates of financial investment instruments for September.
Accordingly, in September, the highest monthly real return, after adjusting for the domestic producer price index (YI-ÜFE), was 4.67%, and after adjusting for the consumer price index (CPI), it was 3.04%, both observed in gold bullion.
When adjusted for YI-ÜFE, deposit interest provided a gross real return of 1.9%, the euro 0.63%, and government domestic debt securities (DİBS) 0.5%. Conversely, the dollar resulted in a loss of 0.25%, and the BIST 100 index produced a loss of 2.79% for investors.
After adjusting for CPI, deposit interest (gross) yielded a real return of 0.32% for investors. The euro led to a loss of 0.93%, DİBS 1.06%, the dollar 1.8%, and the BIST 100 index caused a loss of 4.3%.
Losses in the Stock Market Deepen
For a three-month evaluation, when adjusted for YI-ÜFE, gold bullion emerged as the investment instrument providing the highest real return at 11.7%, and 7.75% when adjusted for CPI.
During the same period, the BIST 100 index stood out as the investment instrument causing the most losses, with losses of 10.67% adjusted for YI-ÜFE and 13.83% for CPI.
In a six-month evaluation, gross deposit interest provided the highest real return at 7.87% when adjusted for YI-ÜFE and 2.79% when adjusted for CPI. Meanwhile, the dollar was calculated to have caused the greatest losses at 5.57% adjusted for YI-ÜFE and 10.02% adjusted for CPI.
Highest Gains Seen in Gold Bullion
When evaluated annually, gold bullion came out on top as the investment instrument providing the highest real return, with 28.25% when adjusted for YI-ÜFE and 14.27% when adjusted for CPI.
In the annual assessment, when adjusted for YI-ÜFE, the euro caused a loss of 1.62%, gross deposit interest resulted in a loss of 4.63%, the dollar 5.36%, the BIST 100 index 9.14%, and DİBS recorded a loss of 14.44% for investors.
When adjusted for CPI, the euro resulted in a loss of 12.34%, gross deposit interest caused a loss of 15.03%, the dollar 15.68%, the BIST 100 index 19.05%, and DİBS led to a loss of 23.77% for investors.
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.
