When discounted with the consumer price index (CPI), the highest monthly real return in March was 11.57% in bullion.
Turkish Statistical Institute announced the “real return rates of financial investment instruments” for March.
Accordingly, the highest monthly real return in March was in bullion gold with 11.43% when reduced by the Domestic Producer Price Index (D-PPI) and 11.57% when reduced by the CPI.
When reduced by D-PPI, the dollar yielded 0.72% and the euro 1.42 return, while deposit interest (gross) yielded 0.48%, government domestic debt securities (GDDS) 5.04%, and BIST 100 index lost 4.46% among the investment instruments.
When reduced by CPI, the dollar yielded 0.84% and the euro 1.55, while deposit interest (gross) caused a loss of 0.36%, GDDS 4.92%, and BIST 100 index 4.34%.
In the three-month evaluation, gold bullion stood out as the investment instrument that provides the highest real return to its investors, with 9.21% when reduced by D-PPI and 5.92% when reduced by CPI.
In the same period, GDDS was recorded as the investment instrument that made the investors lose the most, with rates of 11.32% when reduced by D-PPI and 13.99% when reduced by CPI.
According to the six-month evaluation, gold bullion became the investment instrument that provided the highest real return to its investors, at 19.47% when reduced by D-PPI and 11.69% when reduced by CPI. In the same period, GDDS was determined as the investment instrument that made the investors lose the most, with 16% when reduced by D-PPI and 21.47% when reduced by CPI.
In the annual evaluation, the highest real return was realized in bullion
When financial investment instruments are evaluated annually, gold bullion provided the highest real return to its investors with 32.98% when reduced by D-PPI and 19.54% when reduced by CPI.
In the annual evaluation, it attracted attention with the real return it provided to its investors in the BIST 100 index, 15.14% in the BIST 100 index, 12.91% in the euro and 11.24% in the dollar when reduced by D-PPI. Investors lost 24.46% of deposit interest (gross) and 49.38% of government securities.
When reduced by CPI, the BIST 100 index provided a return of 3.50% to its investors, the euro 1.50%, while the dollar caused a loss of 0.01%, deposit interest (gross) 32.09% and GDDS 54.50%.
Source: Trthaber / Prepared by Irem Yildiz