{"id":43484,"date":"2026-03-27T09:05:29","date_gmt":"2026-03-27T09:05:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/ons-ingilterede-perakende-satislar-subatta-aylik-bazda-04-geriledi-08lik-beklentinin-altinda-kaldi-ocaktaki-2lik-artisin-ardindan\/"},"modified":"2026-03-27T09:05:29","modified_gmt":"2026-03-27T09:05:29","slug":"ons-ingilterede-perakende-satislar-subatta-aylik-bazda-04-geriledi-08lik-beklentinin-altinda-kaldi-ocaktaki-2lik-artisin-ardindan","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/ons-ingilterede-perakende-satislar-subatta-aylik-bazda-04-geriledi-08lik-beklentinin-altinda-kaldi-ocaktaki-2lik-artisin-ardindan\/","title":{"rendered":"ONS: \u0130ngiltere\u2019de perakende sat\u0131\u015flar \u015eubat\u2019ta ayl\u0131k bazda %0,4 geriledi; %0,8\u2019lik beklentinin alt\u0131nda kald\u0131; Ocak\u2019taki %2\u2019lik art\u0131\u015f\u0131n ard\u0131ndan"},"content":{"rendered":"\u015eubat ay\u0131nda Birle\u015fik Krall\u0131k\u2019ta perakende sat\u0131\u015flar ayl\u0131k bazda (aydan aya) %0,4 geriledi. Piyasa beklentisi %0,8 d\u00fc\u015f\u00fc\u015f y\u00f6n\u00fcndeydi. Ocak ay\u0131nda ise sat\u0131\u015flar %2,0 artm\u0131\u015ft\u0131; bu oran daha \u00f6nce %1,8 olarak a\u00e7\u0131klanm\u0131\u015f, sonradan yukar\u0131 y\u00f6nl\u00fc revize edilmi\u015fti (revize: \u00f6nceki verinin sonradan d\u00fczeltilmesi).\n\nY\u0131ll\u0131k bazda (y\u0131ldan y\u0131la) sat\u0131\u015flar %2,5 artt\u0131; beklenti %2,1\u2019di. Ancak art\u0131\u015f ocaktaki %4,8 seviyesinin alt\u0131nda kald\u0131; ocak verisi de %4,5\u2019ten %4,8\u2019e yukar\u0131 revize edilmi\u015fti.\n\nAkaryak\u0131t hari\u00e7 perakende sat\u0131\u015flar da ayl\u0131k bazda %0,4 geriledi. Beklenti %0,8 d\u00fc\u015f\u00fc\u015ft\u00fc. Ocaktaki art\u0131\u015f %2,2 oldu; bu da %2,0\u2019dan yukar\u0131 revize edildi.\n\nAkaryak\u0131t hari\u00e7 sat\u0131\u015flarda y\u0131ll\u0131k art\u0131\u015f %3,4\u2019e geriledi. \u00d6nceki a\u00e7\u0131klamada %5,9 olarak g\u00f6r\u00fclen oran, %5,5\u2019ten yukar\u0131 revize edilen \u00f6nceki veri sonras\u0131 daha d\u00fc\u015f\u00fck bir y\u0131ll\u0131k b\u00fcy\u00fcmeye i\u015faret etti.\n\nVeri sonras\u0131 sterlin (\u0130ngiliz para birimi) de\u011fer kaybetti. GBP\/USD (sterlin\/dolar paritesi: 1 sterlinin ka\u00e7 dolar etti\u011fi) ise 1,3330 civar\u0131nda neredeyse yatay seyretti. Veriler \u0130ngiltere istatistik kurumu Office for National Statistics taraf\u0131ndan cuma g\u00fcn\u00fc yay\u0131mland\u0131; \u00f6n bilgilendirmede yay\u0131mlanma saati 07:00 GMT (Greenwich saati) olarak belirtilmi\u015fti.\n\nSterlinin tarihi 886 y\u0131l\u0131na uzan\u0131r ve Birle\u015fik Krall\u0131k\u2019\u0131n para birimidir. D\u00f6viz piyasas\u0131ndaki (FX: \u00fclkelerin para birimlerinin al\u0131n\u0131p sat\u0131ld\u0131\u011f\u0131 piyasa) i\u015flemlerin %12\u2019sini olu\u015fturur. 2022\u2019de g\u00fcnl\u00fck ortalama i\u015flem hacmi 630 milyar dolar seviyesindeydi. Parite baz\u0131nda GBP\/USD %11, GBP\/JPY %3 ve EUR\/GBP %2 paya sahiptir.\n\n\u015eubatta perakende sat\u0131\u015flardaki %0,4\u2019l\u00fck d\u00fc\u015f\u00fc\u015f, y\u00fcksek faizlerin t\u00fcketici harcamalar\u0131n\u0131 beklenenden daha fazla bask\u0131lamaya ba\u015flad\u0131\u011f\u0131na dair \u00f6nemli bir i\u015faret. Bu zay\u0131fl\u0131k, 2025\u2019in son \u00e7eyre\u011finde g\u00f6r\u00fclen %0,1\u2019lik zay\u0131f GSYH b\u00fcy\u00fcmesiyle (GSYH: ekonominin toplam \u00fcretim ve gelir \u00f6l\u00e7\u00fcs\u00fc) birlikte, \u0130ngiltere ekonomisinin ivme kaybetti\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc g\u00fc\u00e7lendiriyor. Zay\u0131f t\u00fcketici g\u00f6r\u00fcn\u00fcm\u00fc, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) s\u0131k\u0131 para politikas\u0131n\u0131n (s\u0131k\u0131 para politikas\u0131: faizi y\u00fcksek tutarak talebi ve enflasyonu so\u011futma yakla\u015f\u0131m\u0131) etkisini art\u0131rd\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n\nBu tablo, merkez bankas\u0131 i\u00e7in bir ikilem yarat\u0131yor. \u00c7\u00fcnk\u00fc \u015fubat enflasyon verileri, T\u00dcFE\u2019nin (CPI\/T\u00dcFE: t\u00fcketicinin sat\u0131n ald\u0131\u011f\u0131 sepetin fiyat de\u011fi\u015fimini \u00f6l\u00e7en enflasyon g\u00f6stergesi) %2,8 ile kal\u0131c\u0131 oldu\u011funu ortaya koydu; bu seviye %2 hedefinin \u00fczerinde. Zay\u0131f perakende sat\u0131\u015flar ekonomiyi desteklemek i\u00e7in daha erken faiz indirimi arg\u00fcman\u0131n\u0131 g\u00fc\u00e7lendirirken, inat\u00e7\u0131 enflasyon faizlerin daha uzun s\u00fcre y\u00fcksek tutulmas\u0131 bask\u0131s\u0131n\u0131 art\u0131r\u0131yor. Bu belirsizlik, \u00f6n\u00fcm\u00fczdeki haftalarda kur oynakl\u0131\u011f\u0131n\u0131 (volatilite: fiyatlar\u0131n h\u0131zl\u0131 ve geni\u015f aral\u0131kta dalgalanmas\u0131) y\u00fckseltebilir.\n\nBu ayr\u0131\u015fma nedeniyle, fiyat dalgalanmas\u0131n\u0131n artmas\u0131ndan fayda sa\u011flayan stratejiler \u00f6ne \u00e7\u0131k\u0131yor. Opsiyon yat\u0131r\u0131mc\u0131lar\u0131 GBP\/USD\u2019de straddle veya strangle al\u0131m\u0131n\u0131 de\u011ferlendirebilir. (Opsiyon: belirli bir tarihe kadar belirli fiyattan alma\/satma hakk\u0131; straddle: ayn\u0131 kullan\u0131m fiyat\u0131ndan al\u0131m ve sat\u0131m opsiyonu birlikte; strangle: farkl\u0131 kullan\u0131m fiyatlar\u0131ndan al\u0131m ve sat\u0131m opsiyonu birlikte.) \u201c\u0130ma edilen oynakl\u0131k\u201d (implied volatility: opsiyon fiyatlar\u0131n\u0131n piyasada beklenen dalgalanmay\u0131 yans\u0131tmas\u0131) BoE\u2019nin zor pozisyonunu hen\u00fcz tam fiyatlamam\u0131\u015f olabilir. Bu t\u00fcr pozisyonlar, BoE\u2019nin g\u00fcvercin (dovish: faiz indirimi e\u011filimi) bir sinyal vermesi ya da \u015fahin (hawkish: faizi y\u00fcksek tutma e\u011filimi) kalmas\u0131 halinde, y\u00f6n fark etmeksizin sert bir hareketten kazan\u00e7 sa\u011flayabilir.\n\nSterlin i\u00e7in en olas\u0131 y\u00f6n a\u015fa\u011f\u0131 g\u00f6r\u00fcn\u00fcyor. Zorlanan t\u00fcketici ve yava\u015flayan ekonomi, BoE\u2019nin sonunda b\u00fcy\u00fcmeyi (ekonomik faaliyet) \u00f6nceliklendirmek zorunda kalabilece\u011fine i\u015faret ediyor; bu da y\u0131l\u0131n ilerleyen d\u00f6nemlerinde faiz indirimi ihtimalini art\u0131r\u0131yor. Bu durum, daha dayan\u0131kl\u0131 bir ekonomiyle kar\u015f\u0131 kar\u015f\u0131ya olan ABD Merkez Bankas\u0131\u2019na (Fed) k\u0131yasla Birle\u015fik Krall\u0131k\u2019\u0131 daha g\u00fcvercin bir patikaya itiyor.\n\n2007\u2019deki faiz art\u0131r\u0131m d\u00f6ng\u00fcs\u00fcn\u00fcn sonlar\u0131na bak\u0131ld\u0131\u011f\u0131nda, benzer bir \u00f6r\u00fcnt\u00fc g\u00f6r\u00fclm\u00fc\u015ft\u00fc: t\u00fcketici harcamalar\u0131, merkez bankas\u0131 gev\u015femeye (faiz indirimine) ba\u015flamadan \u00f6nce zay\u0131flam\u0131\u015ft\u0131. Bu tarihsel \u00f6rnek, perakende sat\u0131\u015f verisinin ileride daha fazla ekonomik zay\u0131fl\u0131\u011f\u0131n \u00f6nc\u00fc g\u00f6stergesi olabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor. Bu nedenle, iki \u00fclkenin verileri aras\u0131ndaki ayr\u0131\u015fma s\u00fcrerken sterlinin dolar kar\u015f\u0131s\u0131nda zay\u0131flamas\u0131na y\u00f6nelik pozisyon almak daha temkinli bir yakla\u015f\u0131m olarak \u00f6ne \u00e7\u0131k\u0131yor.\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>S\u00fcrpriz perakende sat\u0131\u015flar sterlini vurdu! \u015eubatta \u0130ngiltere\u2019de sat\u0131\u015flar ayl\u0131k %0,4 gerilerken y\u0131ll\u0131k %2,5 artt\u0131. BoE, inat\u00e7\u0131 enflasyon-s\u00f6nen t\u00fcketim ikileminde; GBP\/USD\u2019de volatilite, a\u015fa\u011f\u0131 y\u00f6n riski \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-43484","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\/43484","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=43484"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/43484\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=43484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=43484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=43484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}