According to the Turkish Statistical Institute (TÜİK), the highest monthly real return in May was achieved by the BIST 100 index when adjusted by the Domestic Producer Price Index (Yİ-ÜFE) and the Consumer Price Index (TÜFE).
May 2024 Real Return Rates for Financial Investment Instruments
The highest monthly real return was recorded by the BIST 100 index, with a return of 6.89% when adjusted by Yİ-ÜFE and 5.44% when adjusted by TÜFE.
Yİ-ÜFE Adjusted Returns
– Term deposit interest (gross): 1.19%
– Government Domestic Debt Securities (GDDS): 0.38%
– Euro: -1.44%
– US Dollar: -2.25%
– Gold bullion: -3.72%
TÜFE Adjusted Returns
– Term deposit interest (gross): 0.19%
– GDDS: 0.99%
– Euro: -2.79%
– US Dollar: -3.58%
– Gold bullion: -5.03%
Real Returns over the Last 3 and 6 Months
– Three-Month Review:
– Highest Real Return: Gold bullion, with 8.75% when adjusted by Yİ-ÜFE and 7.84% when adjusted by TÜFE.
– Most Significant Loss: GDDS, with -5.42% when adjusted by Yİ-ÜFE and -6.21% when adjusted by TÜFE.
– Six-Month Review
– Highest Real Return: BIST 100 index, with 11.70% when adjusted by Yİ-ÜFE and 5.43% when adjusted by TÜFE.
– Most Significant Loss US Dollar, with -5.65% when adjusted by Yİ-ÜFE and -10.95% when adjusted by TÜFE.
Annual Performance of Financial Investment Instruments
– BIST 100 Index
– Yİ-ÜFE Adjusted: 44.44%
– TÜFE Adjusted: 29.81%
– Other Instruments (Yİ-ÜFE Adjusted)
– Gold bullion: 14.76%
– US Dollar: 3.37%
– Euro: 2.82%
– Term deposit interest (gross): -26.08%
– GDDS: -46.01%
– Other Instruments (TÜFE Adjusted)
– Gold bullion: 3.14%
– US Dollar: -7.10%
– Euro: -7.59%
– Term deposit interest (gross): -33.57%
– GDDS: -51.48%
source: https://www.sozcu.com.tr
