When reduced with the Consumer Price Index (CPI), the highest monthly real return in April was gold bullion with 7.15%.
Turkish Statistical Institute announced the “real return rates of financial investment instruments” for April.
Accordingly, the highest real return in April was gold bullion with 7.15% when it was reduced by CPI. When it is reduced with the Domestic Producer Price Index (D-PPI), it provided a 8.83% gain to the gold bullion investor.
When discounted with D-PPI, the Euro 3.34%, the dollar 0.92%, the deposit interest (gross) 0.65%, while the BIST 100 Index lost 4.15% and the Government Domestic Debt Securities (GDDS) 8.99%.
When reduced with the CPI, while the euro provided a real return of 1.75%, the dollar caused a loss of 0.63%, the deposit interest (gross) 0.90%, the BIST 100 Index 5.63% and the GDDS 10.39%.
In the quarterly evaluation, gold bullion became the investment instrument that provided the highest real return to its investors by 8.89% when reduced by D-PPI and by 3.67% by CPI. In the same period, GDDS was recorded as the investment instrument that lost the most to investors by 13.34% when reduced by D-PPI and by 17.50% by CPI.
According to the 6-month evaluation, the BIST 100 index is the investment instrument that provides the highest real return to its investors by 23.60% when reduced by D-PPI and 10.95% by CPI. In the same period, GDDS was calculated as the investment instrument that lost the most to investors by 8.63% when reduced by D-PPI and by 17.99% by CPI.
When financial investment instruments are evaluated on an annual basis, BIST 100 index stands out as the investment instrument that provides the highest real return to investors when it is reduced by 34.32% when reduced by D-PPI and by 42.20% by CPI.
In the annual evaluation, when discounted with D-PPI, the investor lost 7.26% in gold bullion, 11.95% in GDDS, 12.45% in euro, 13.57% in dollars and 23.66% in deposit interest (gross).
When reduced with the CPI, while gold bullion provided 1.82% real return to its investors, GDDS became 6.78%, Euro 7.31%, dollar 8.50% and deposit interest (gross) 19.18% loss.
Source: AA / Prepared by Irem Yildiz