T\u00fcrkiye \u0130statistik Kurumu (T\u00dc\u0130K), A\u011fustos 2026 d\u00f6nemine ili\u015fkin \u201cFinansal Yat\u0131r\u0131m Ara\u00e7lar\u0131n\u0131n Reel Getiri Oranlar\u0131\u201d verilerini a\u00e7\u0131klad\u0131. Veriler, yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n yaln\u0131zca nominal de\u011fer art\u0131\u015flar\u0131n\u0131 de\u011fil, enflasyon etkisinden ar\u0131nd\u0131r\u0131ld\u0131ktan sonra yat\u0131r\u0131mc\u0131ya sa\u011flad\u0131klar\u0131 ger\u00e7ek kazan\u00e7 veya kayb\u0131 ortaya koydu.<\/p>\n
A\u011fustos ay\u0131nda en dikkat \u00e7ekici performans k\u00fcl\u00e7e alt\u0131nda g\u00f6r\u00fcld\u00fc. Alt\u0131n, yurt i\u00e7i \u00fcretici fiyat endeksi (Y\u0130-\u00dcFE) ile indirgendi\u011finde y\u00fczde 7,17, t\u00fcketici fiyat endeksi (T\u00dcFE) ile indirgendi\u011finde ise y\u00fczde 7,93 oran\u0131nda reel getiri sa\u011flayarak ayl\u0131k bazda t\u00fcm yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n \u00f6n\u00fcne ge\u00e7ti.<\/p>\n
B\u00f6ylece alt\u0131n, enflasyondan ar\u0131nd\u0131r\u0131lm\u0131\u015f getiride a\u011fustos ay\u0131n\u0131n a\u00e7\u0131k ara en g\u00fc\u00e7l\u00fc yat\u0131r\u0131m arac\u0131 oldu.<\/p>\n
Y\u0130-\u00dcFE baz\u0131nda yap\u0131lan hesaplamada devlet i\u00e7 bor\u00e7lanma senetleri (D\u0130BS) y\u00fczde 0,66, avro y\u00fczde 0,61 ve mevduat faizi y\u00fczde 0,33 oran\u0131nda reel kazan\u00e7 sa\u011flad\u0131. Buna kar\u015f\u0131l\u0131k dolar y\u00fczde 0,86, BIST 100 endeksi ise y\u00fczde 1,83 oran\u0131nda reel kay\u0131p olu\u015fturdu.<\/p>\n
T\u00fcketici fiyatlar\u0131n\u0131n esas al\u0131nd\u0131\u011f\u0131 T\u00dcFE bazl\u0131 hesaplamada da tablo b\u00fcy\u00fck \u00f6l\u00e7\u00fcde de\u011fi\u015fmedi. D\u0130BS yat\u0131r\u0131mc\u0131s\u0131na y\u00fczde 1,38, avro y\u00fczde 1,34 ve mevduat faizi y\u00fczde 1,05 oran\u0131nda reel getiri sa\u011flad\u0131. Dolar y\u00fczde 0,15, BIST 100 endeksi ise y\u00fczde 1,13 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel olarak kaybettirdi.<\/p>\n
Bu veriler, a\u011fustos ay\u0131nda alt\u0131n\u0131n di\u011fer yat\u0131r\u0131m ara\u00e7lar\u0131yla aras\u0131ndaki fark\u0131 belirgin bi\u00e7imde a\u00e7t\u0131\u011f\u0131n\u0131 ortaya koydu. \u00d6zellikle T\u00dcFE\u2019ye g\u00f6re hesaplanan y\u00fczde 7,93\u2019l\u00fck ayl\u0131k reel kazan\u00e7, alt\u0131n\u0131n fiyat art\u0131\u015f\u0131n\u0131n ayn\u0131 d\u00f6nemde t\u00fcketici enflasyonunun olduk\u00e7a \u00fczerinde ger\u00e7ekle\u015fti\u011fini g\u00f6sterdi.<\/p>\n
Ayl\u0131k sonu\u00e7larda alt\u0131n \u00f6n plana \u00e7\u0131karken, de\u011ferlendirme d\u00f6nemi uzad\u0131\u011f\u0131nda yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n performans s\u0131ralamas\u0131 de\u011fi\u015fti.<\/p>\n
\u00dc\u00e7 ayl\u0131k d\u00f6nemde en y\u00fcksek reel getiri devlet i\u00e7 bor\u00e7lanma senetlerinden geldi. D\u0130BS, Y\u0130-\u00dcFE ile indirgendi\u011finde y\u00fczde 3,46, T\u00dcFE ile indirgendi\u011finde ise y\u00fczde 4,77 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel kazan\u00e7 sa\u011flad\u0131.<\/p>\n
Ayn\u0131 \u00fc\u00e7 ayl\u0131k d\u00f6nemde en zay\u0131f performans ise BIST 100 endeksinde g\u00f6r\u00fcld\u00fc. Borsa \u0130stanbul\u2019un g\u00f6sterge endeksi, Y\u0130-\u00dcFE ile indirgendi\u011finde y\u00fczde 7,15, T\u00dcFE ile indirgendi\u011finde y\u00fczde 5,98 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel kay\u0131p ya\u015fatt\u0131.<\/p>\n
Alt\u0131 ayl\u0131k de\u011ferlendirmede ise mevduat faizi \u00f6ne \u00e7\u0131kt\u0131. Br\u00fct mevduat faizi, Y\u0130-\u00dcFE ile indirgendi\u011finde y\u00fczde 1,19, T\u00dcFE ile indirgendi\u011finde y\u00fczde 2,87 oran\u0131nda reel getiri sa\u011flayarak alt\u0131 ayl\u0131k d\u00f6nemin en y\u00fcksek reel kazan\u00e7 sa\u011flayan yat\u0131r\u0131m arac\u0131 oldu.<\/p>\n
Alt\u0131 ayl\u0131k d\u00f6nemin dikkat \u00e7eken sonucu ise k\u00fcl\u00e7e alt\u0131nda ortaya \u00e7\u0131kt\u0131. A\u011fustos ay\u0131n\u0131n en fazla kazand\u0131ran\u0131 olan alt\u0131n, alt\u0131 ayl\u0131k de\u011ferlendirmede tersine listenin sonunda yer ald\u0131. K\u00fcl\u00e7e alt\u0131n, Y\u0130-\u00dcFE\u2019ye g\u00f6re y\u00fczde 19,35, T\u00dcFE\u2019ye g\u00f6re ise y\u00fczde 18,01 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel olarak en fazla kaybettiren yat\u0131r\u0131m arac\u0131 oldu.<\/p>\n
Bu durum, finansal yat\u0131r\u0131m ara\u00e7lar\u0131nda getirinin de\u011ferlendirme s\u00fcresine g\u00f6re \u00f6nemli \u00f6l\u00e7\u00fcde de\u011fi\u015febildi\u011fini de ortaya koydu. Alt\u0131n son bir aydaki h\u0131zl\u0131 y\u00fckseli\u015fiyle g\u00fc\u00e7l\u00fc bir performans sergilese de alt\u0131 ayl\u0131k d\u00f6nemin tamam\u0131ndaki fiyat hareketleri dikkate al\u0131nd\u0131\u011f\u0131nda enflasyon kar\u015f\u0131s\u0131nda kay\u0131p ya\u015fayan yat\u0131r\u0131m ara\u00e7lar\u0131 aras\u0131nda yer ald\u0131.<\/p>\n
Bir y\u0131ll\u0131k performans incelendi\u011finde ise k\u00fcl\u00e7e alt\u0131n yeniden ilk s\u0131raya \u00e7\u0131kt\u0131.<\/p>\n
Alt\u0131n, y\u0131ll\u0131k bazda Y\u0130-\u00dcFE ile indirgendi\u011finde y\u00fczde 19,73, T\u00dcFE ile indirgendi\u011finde y\u00fczde 16,49 oran\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel getiri sa\u011flad\u0131. B\u00f6ylece hem \u00fcretici hem de t\u00fcketici enflasyonu dikkate al\u0131nd\u0131\u011f\u0131nda son bir y\u0131lda en fazla reel kazan\u00e7 sa\u011flayan yat\u0131r\u0131m arac\u0131 k\u00fcl\u00e7e alt\u0131n oldu.<\/p>\n
Y\u0131ll\u0131k de\u011ferlendirmede Y\u0130-\u00dcFE baz\u0131nda D\u0130BS y\u00fczde 4,21, br\u00fct mevduat faizi ise y\u00fczde 3,35 oran\u0131nda reel getiri sa\u011flad\u0131.<\/p>\n
Buna kar\u015f\u0131l\u0131k BIST 100 endeksi y\u00fczde 0,20, dolar y\u00fczde 8,36, avro ise y\u00fczde 8,68 oran\u0131nda reel kay\u0131p olu\u015fturdu.<\/p>\n
T\u00dcFE bazl\u0131 y\u0131ll\u0131k hesaplamada da D\u0130BS ve mevduat faizi enflasyon kar\u015f\u0131s\u0131nda yat\u0131r\u0131mc\u0131s\u0131n\u0131n paras\u0131n\u0131 koruyan ara\u00e7lar aras\u0131nda yer ald\u0131. D\u0130BS y\u00fczde 1,39, mevduat faizi ise y\u00fczde 0,56 oran\u0131nda reel kazan\u00e7 sa\u011flad\u0131.<\/p>\n
BIST 100 endeksi T\u00dcFE\u2019ye g\u00f6re y\u0131ll\u0131k y\u00fczde 2,90 reel kay\u0131p verirken, dolardaki reel kay\u0131p y\u00fczde 10,84, avrodaki reel kay\u0131p ise y\u00fczde 11,16 olarak hesapland\u0131.<\/p>\n
T\u00dc\u0130K verilerinin ortaya koydu\u011fu tablo, yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n performans\u0131nda yaln\u0131zca fiyat hareketlerinin de\u011fil, enflasyonun ve yat\u0131r\u0131m s\u00fcresinin de belirleyici oldu\u011funu g\u00f6sterdi.<\/p>\n
A\u011fustos ay\u0131nda alt\u0131n y\u00fczde 7,93\u2019l\u00fck T\u00dcFE\u2019den ar\u0131nd\u0131r\u0131lm\u0131\u015f getirisiyle a\u00e7\u0131k ara ilk s\u0131raya yerle\u015firken, y\u0131ll\u0131k bazda da y\u00fczde 16,49 reel getiriyle yat\u0131r\u0131mc\u0131s\u0131na en fazla kazand\u0131ran ara\u00e7 oldu.<\/p>\n
Ancak alt\u0131 ayl\u0131k sonu\u00e7larda alt\u0131n\u0131n y\u00fczde 18,01 reel kay\u0131pla son s\u0131rada bulunmas\u0131, yat\u0131r\u0131m ara\u00e7lar\u0131nda ba\u015flang\u0131\u00e7 ve biti\u015f tarihlerinin getiriler \u00fczerinde ne kadar etkili olabilece\u011fini ortaya koydu.<\/p>\n
Veriler ayr\u0131ca d\u00f6viz taraf\u0131nda da dikkat \u00e7ekici bir tabloya i\u015faret etti. Avro a\u011fustos ay\u0131nda T\u00dcFE\u2019ye g\u00f6re y\u00fczde 1,34 reel kazan\u00e7 sa\u011flarken, y\u0131ll\u0131k de\u011ferlendirmede y\u00fczde 11,16 ile en y\u00fcksek reel kay\u0131plardan birini ya\u015fatt\u0131. Dolar ise a\u011fustosta y\u00fczde 0,15, y\u0131ll\u0131k bazda y\u00fczde 10,84 oran\u0131nda reel kay\u0131p olu\u015fturdu.<\/p>\n
BIST 100 endeksi ise hem ayl\u0131k hem \u00fc\u00e7 ayl\u0131k hem de y\u0131ll\u0131k de\u011ferlendirmelerde enflasyon kar\u015f\u0131s\u0131nda yat\u0131r\u0131mc\u0131s\u0131na reel kay\u0131p ya\u015fatan yat\u0131r\u0131m ara\u00e7lar\u0131 aras\u0131nda yer ald\u0131.<\/p>\n
T\u00dc\u0130K\u2019in A\u011fustos 2026 verilerine g\u00f6re yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n performans\u0131 d\u00f6nemlere g\u00f6re farkl\u0131la\u015f\u0131rken; ayl\u0131kta ve y\u0131ll\u0131kta k\u00fcl\u00e7e alt\u0131n, \u00fc\u00e7 ayl\u0131kta D\u0130BS, alt\u0131 ayl\u0131kta ise mevduat faizi yat\u0131r\u0131mc\u0131s\u0131na en y\u00fcksek reel getiriyi sa\u011flayan yat\u0131r\u0131m ara\u00e7lar\u0131 olarak kay\u0131tlara ge\u00e7ti.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" T\u00fcrkiye \u0130statistik Kurumu\u2019nun (T\u00dc\u0130K) a\u011fustos ay\u0131na ili\u015fkin finansal yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n reel getiri oranlar\u0131, yat\u0131r\u0131m ara\u00e7lar\u0131 aras\u0131ndaki performans fark\u0131n\u0131 ortaya koydu. T\u00fcketici fiyatlar\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda k\u00fcl\u00e7e alt\u0131n, a\u011fustosta y\u00fczde 7,93\u2019l\u00fck reel getiriyle yat\u0131r\u0131mc\u0131s\u0131na en fazla kazand\u0131ran ara\u00e7 oldu. Alt\u0131n ayl\u0131k ve y\u0131ll\u0131k de\u011ferlendirmede ilk s\u0131raya yerle\u015firken, \u00fc\u00e7 ayl\u0131k d\u00f6nemde devlet i\u00e7 bor\u00e7lanma senetleri, alt\u0131 ayl\u0131k d\u00f6nemde ise mevduat faizi \u00f6ne \u00e7\u0131kt\u0131.<\/p>\n","protected":false},"author":2,"featured_media":48888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[265,58,93],"class_list":["post-48887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-altin","tag-ekonomi","tag-yatirim"],"yoast_head":"\n