{"id":31148,"date":"2026-03-25T17:03:36","date_gmt":"2026-03-25T17:03:36","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/subat-ayinda-abdde-yillik-ithalat-fiyatlari-yuzde-13e-yukselerek-onceki-yuzde-01lik-dususten-toparlandi\/"},"modified":"2026-03-25T17:03:36","modified_gmt":"2026-03-25T17:03:36","slug":"subat-ayinda-abdde-yillik-ithalat-fiyatlari-yuzde-13e-yukselerek-onceki-yuzde-01lik-dususten-toparlandi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/subat-ayinda-abdde-yillik-ithalat-fiyatlari-yuzde-13e-yukselerek-onceki-yuzde-01lik-dususten-toparlandi\/","title":{"rendered":"\u015eubat ay\u0131nda ABD\u2019de y\u0131ll\u0131k ithalat fiyatlar\u0131 y\u00fczde 1,3\u2019e y\u00fckselerek \u00f6nceki y\u00fczde 0,1\u2019lik d\u00fc\u015f\u00fc\u015ften toparland\u0131."},"content":{"rendered":"ABD \u0130thalat Fiyat Endeksi \u015fubatta y\u0131ll\u0131k bazda %1,3 artt\u0131. \u00d6nceki d\u00f6nemde bu oran %0,1 d\u00fc\u015f\u00fc\u015f (-%0,1) d\u00fczeyindeydi.\n\nBu de\u011fi\u015fim, ithalat fiyatlar\u0131n\u0131n y\u0131ll\u0131k bazda d\u00fc\u015f\u00fc\u015ften y\u0131ll\u0131k bazda art\u0131\u015fa ge\u00e7ti\u011fini g\u00f6steriyor. Veriler, \u015fubat ay\u0131 fiyatlar\u0131n\u0131 bir y\u0131l \u00f6nceki ayn\u0131 ayla kar\u015f\u0131la\u015ft\u0131r\u0131yor.\n\n\u015eubatta y\u0131ll\u0131k ithalat fiyat endeksindeki sert d\u00f6n\u00fc\u015f \u00f6nemli bir sinyal. Fiyatlar\u0131n \u201cdeflasyon\u201ddan (fiyatlar\u0131n genel olarak gerilemesi) \u201cenflasyon\u201da (fiyatlar\u0131n genel olarak artmas\u0131) ge\u00e7mesi, 2025\u2019in b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcnde piyasada h\u00e2kim olan \u201cfiyat bask\u0131lar\u0131 tamamen kontrol alt\u0131nda\u201d g\u00f6r\u00fc\u015f\u00fcn\u00fc zorluyor. Art\u0131k yeni bir enflasyon dalgas\u0131n\u0131n olu\u015ftu\u011fu ihtimali daha ciddi \u015fekilde masada.\n\nBu veri, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) \u00f6n\u00fcndeki yol haritas\u0131n\u0131 karma\u015f\u0131kla\u015ft\u0131r\u0131yor ve yaz aylar\u0131nda faiz indirimi ihtimalini daha belirsiz h\u00e2le getiriyor. \u015eubatta a\u00e7\u0131klanan T\u00dcFE (CPI: t\u00fcketici fiyat endeksi) verisinde \u201c\u00e7ekirdek enflasyon\u201dun (g\u0131da ve enerji gibi oynak kalemler hari\u00e7 enflasyon) %3\u2019\u00fcn \u00fczerinde kalmas\u0131yla birlikte, ithalat fiyatlar\u0131ndaki bu s\u0131\u00e7rama politika yap\u0131c\u0131lar\u0131 daha \u201c\u015fahin\u201d bir tona (daha s\u0131k\u0131 para politikas\u0131, daha y\u00fcksek faizi savunan duru\u015f) itebilir. Bu nedenle yat\u0131r\u0131mc\u0131lar\u0131n k\u0131sa vadede gev\u015feme ihtimalinin azald\u0131\u011f\u0131n\u0131 dikkate alarak faiz t\u00fcrevlerindeki (faize ba\u011fl\u0131 s\u00f6zle\u015fmeler) pozisyonlar\u0131n\u0131 g\u00f6zden ge\u00e7irmesi gerekir; \u00f6rne\u011fin SOFR vadeli i\u015flemlerinde (SOFR futures: Fed\u2019in gecelik faiz g\u00f6stergesine dayal\u0131 vadeli kontratlar) yak\u0131n vadeli indirim olas\u0131l\u0131\u011f\u0131 daha d\u00fc\u015f\u00fck fiyatlanabilir.\n\nFed\u2019in daha temkinli ve s\u0131k\u0131 duru\u015fu \u00e7o\u011fu zaman daha g\u00fc\u00e7l\u00fc bir ABD dolar\u0131na i\u015faret eder. Dolar Endeksi (DXY: dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini g\u00f6steren endeks) yat\u0131r\u0131mc\u0131lar\u0131n k\u00fcresel faiz farklar\u0131n\u0131 (\u00fclkeler aras\u0131ndaki faiz oran\u0131 farklar\u0131) yeniden de\u011ferlendirmesiyle tepki verdi ve bu y\u0131l ilk kez 105\u2019in \u00fczerine \u00e7\u0131kt\u0131. Daha \u201cg\u00fcvercin\u201d merkez bankalar\u0131na (faiz indirimine daha yatk\u0131n duru\u015f) sahip \u00fclkelerin para birimlerine kar\u015f\u0131, dolar\u0131n g\u00fc\u00e7lenmesine y\u00f6nelik pozisyon aray\u0131\u015f\u0131 \u00f6ne \u00e7\u0131kabilir; \u00f6rne\u011fin al\u0131m opsiyonlar\u0131 (call option: belirli fiyattan alma hakk\u0131) veya vadeli kontratlar (futures: ileri tarihli al\u0131m-sat\u0131m s\u00f6zle\u015fmesi) kullan\u0131labilir.\n\nHisse senedi t\u00fcrevleri taraf\u0131nda (endeks\/hisseye dayal\u0131 s\u00f6zle\u015fmeler) daha savunmac\u0131 bir duru\u015f \u00f6ne \u00e7\u0131k\u0131yor. Daha y\u00fcksek faiz ihtimali ve kal\u0131c\u0131 enflasyon, \u015firket k\u00e2r marjlar\u0131n\u0131 (sat\u0131\u015ftan kalan k\u00e2r oran\u0131) s\u0131k\u0131\u015ft\u0131rabilir ve piyasa de\u011ferlemelerini (hisselerin fiyat d\u00fczeyi) bask\u0131layabilir; 2022-2023 faiz art\u0131r\u0131m\u0131 d\u00f6neminde bunu g\u00f6rm\u00fc\u015ft\u00fck. Bu \u00e7er\u00e7evede S&#038;P 500 gibi b\u00fcy\u00fck endekslerde koruyucu sat\u0131m opsiyonlar\u0131 (protective put: d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 sigorta ama\u00e7l\u0131 sat\u0131\u015f opsiyonu) de\u011ferlendirilebilir veya oynakl\u0131k (fiyat dalgalanmas\u0131) taraf\u0131nda VIX vadeli i\u015flemleriyle (VIX futures: korku endeksine dayal\u0131 vadeli kontrat) daha fazla pozisyon al\u0131nabilir.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u015eok veri: ABD ithalat fiyatlar\u0131 \u015fubatta y\u0131ll\u0131k %1,3 artarak deflasyondan enflasyona d\u00f6nd\u00fc. Fed\u2019in yaz indirimi zorla\u015f\u0131yor; DXY 105 \u00fcst\u00fc, hisse piyasas\u0131nda savunma ve hedge aray\u0131\u015f\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-31148","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=31148"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31148\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=31148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=31148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=31148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}