TURKSTAT announced that gold bullion was the financial investment instrument with the highest real return in August.
TURKSTAT announced the real rates of return on financial investment instruments for the period of August 2024. Accordingly; The investment instrument with the highest monthly real return was gold bullion with the domestic producer price index (D-PPI) by 4.82 percent and the consumer price index (CPI) by 4.01 percent. According to the monthly D-PPI, the euro provided a real return of 2.18 percent, deposit interest (gross) 1.64 percent and the dollar 0.60 percent, while government domestic debt securities (GDDS) lost 0.68 percent and the BIST 100 index lost 10.07 percent. When discounted by CPI, the euro provided a real return of 1.40 percent and deposit interest (gross) 0.86 percent to its investors, while the dollar lost 0.18 percent, GDDS 1.44 percent and BIST 100 index 10.76 percent.
Deposit interest (gross), in the 3-month evaluation; It was the investment instrument that provided the highest real return to its investors at 6.84 percent when discounted by D-PPI and 4.42 percent when discounted by CPI. In the same period, the BIST 100 index was the investment instrument that lost the most to its investors by 9.40 percent according to the D-PPI and 11.46 percent according to the CPI. According to the six-month evaluation, gold bullion was the investment instrument that provided the highest real return to its investors at the rates of 14.30 percent by D-PPI and 10.77 percent by CPI; In the same period, the dollar was the investment instrument that lost the most to its investors at the rates of 4.68 percent when discounted by D-PPI and 7.62 percent when discounted by CPI.
ANNUAL EVALUATION
When financial investment instruments are evaluated annually, gold bullion was the investment instrument that provided the highest real return to its investors by 18.15 percent according to D-PPI and 5.54 percent according to CPI. In the annual evaluation, when discounted by D-PPI; BIST 100 index lost 3.58 percent, euro 7.30 percent, dollar 8.12 percent, deposit interest (gross) 11.20 percent and GDDS 24.61 percent. When discounted by CPI, the BIST 100 index lost 13.87 percent, the euro 17.19 percent, the dollar 17.92 percent, deposit interest (gross) 20.68 percent and GDDS 32.66 percent.
Source: DHA
