\u00c7in\u2019in GSYH (gayrisafi yurt i\u00e7i has\u0131la: ekonominin toplam \u00fcretimi) b\u00fcy\u00fcmesi 2026\u2019n\u0131n 1. \u00e7eyre\u011finde y\u0131ll\u0131k bazda %5,0\u2019a y\u00fckseldi; 2025\u2019in 4. \u00e7eyre\u011finde %4,5 idi. B\u00fcy\u00fcmeyi g\u00fc\u00e7l\u00fc d\u0131\u015f talep (yurt d\u0131\u015f\u0131ndan gelen sipari\u015fler) ve istikrarl\u0131 sanayi \u00fcretimi desteklerken, i\u00e7 talep (t\u00fcketim, yat\u0131r\u0131m ve kredi kullan\u0131m\u0131) zay\u0131f kald\u0131.<\/p>\n
\u0130hracat 1. \u00e7eyrekte y\u0131ll\u0131k %14,7 artt\u0131. Martta Orta Do\u011fu kaynakl\u0131 aksakl\u0131klar\u0131n etkisiyle art\u0131\u015f h\u0131z\u0131 yava\u015flad\u0131. Sanayi \u00fcretimi 1. \u00e7eyrekte y\u0131ll\u0131k %6,1 y\u00fckseldi; ihracat talebi \u00fcretimi desteklerken, fazla kapasiteyi (ihtiya\u00e7tan fazla \u00fcretim g\u00fcc\u00fc) azaltmaya y\u00f6nelik ad\u0131mlar s\u00fcrd\u00fc.<\/p>\n
Fiyat verileri toparland\u0131. \u00dcFE (\u00fcretici fiyat endeksi: \u00fcreticilerin sat\u0131\u015f fiyatlar\u0131ndaki de\u011fi\u015fim) 41 ayl\u0131k d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan martta y\u0131ll\u0131k %0,5 ile yeniden art\u0131ya ge\u00e7ti. Bu y\u00fckseli\u015f; H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019na ba\u011fl\u0131 arz kesintileri (tedarikte aksama) nedeniyle artan ham madde fiyatlar\u0131 ve kapasite ayarlamalar\u0131ndan kaynakland\u0131.<\/p>\n
\u00dcFE ve T\u00dcFE (t\u00fcketici fiyat endeksi: hanehalk\u0131n\u0131n \u00f6dedi\u011fi fiyatlardaki de\u011fi\u015fim) iyile\u015firken, sert parasal gev\u015feme (faizlerin h\u0131zl\u0131 ve g\u00fc\u00e7l\u00fc \u015fekilde indirilmesi) ihtiyac\u0131 azald\u0131. DBS, 2026 i\u00e7in 1 y\u0131ll\u0131k LPR\u2019de (kredi ana faiz oran\u0131: bankalar\u0131n kredi fiyatlamas\u0131nda referans kulland\u0131\u011f\u0131 oran) indirim beklentisini 20 baz puandan 10 baz puana \u00e7ekti. (Baz puan: faizde y\u00fczde puan\u0131n y\u00fczde biri; 10 baz puan = 0,10 puan.)<\/p>\n
1. \u00e7eyrekte GSYH b\u00fcy\u00fcmesi %5,0\u2019a ula\u015f\u0131rken, g\u00fc\u00e7l\u00fc d\u0131\u015f talep ile zay\u0131f i\u00e7 ekonomi aras\u0131ndaki ayr\u0131\u015fma belirgin. Bu durum, yat\u0131r\u0131mc\u0131lar\u0131n y\u00fcksek uluslararas\u0131 gelire sahip \u015firketleri, yerel t\u00fcketime ba\u011f\u0131ml\u0131 olanlara g\u00f6re daha fazla tercih etmesine i\u015faret ediyor. Piyasan\u0131n tamam\u0131nda genel bir iyimserlik yerine se\u00e7ici olmak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n
\u0130hracat\u0131n 1. \u00e7eyrekte %14,7 artmas\u0131, imalat sekt\u00f6rlerinde g\u00fcc\u00fcn s\u00fcrebilece\u011fine i\u015faret ediyor. G\u00fcmr\u00fckler Genel \u0130daresi\u2019nin 12 Nisan tarihli verileri; elektrikli ara\u00e7lar ve yenilenebilir enerji par\u00e7alar\u0131 dahil y\u00fcksek teknoloji ihracat\u0131nda belirgin s\u0131\u00e7rama g\u00f6sterdi. \u00d6n\u00fcm\u00fczdeki haftalar i\u00e7in ihracat odakl\u0131 teknoloji ve sanayi ETF\u2019lerinde (borsa yat\u0131r\u0131m fonu: endeksi takip eden, hisse gibi al\u0131n\u0131p sat\u0131lan fon) al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) kullan\u0131m\u0131 uygulanabilir bir strateji olarak g\u00f6r\u00fcl\u00fcyor.<\/p>\n
Buna kar\u015f\u0131l\u0131k, gayrimenkul sekt\u00f6r\u00fcndeki s\u00fcregelen zay\u0131fl\u0131k ve s\u0131n\u0131rl\u0131 kredi b\u00fcy\u00fcmesi i\u00e7 bask\u0131n\u0131n devam etti\u011fini g\u00f6steriyor. Son verilere g\u00f6re \u00c7in\u2019in 70 b\u00fcy\u00fck kentinde yeni konut fiyatlar\u0131 martta yeniden geriledi; bu, \u00fcst \u00fcste 12. ay d\u00fc\u015f\u00fc\u015f anlam\u0131na geliyor. Bu tablo, gayrimenkul ve bankac\u0131l\u0131k endekslerinde sat\u0131m opsiyonlar\u0131n\u0131n (put: belirli fiyattan satma hakk\u0131) i\u00e7 risklere kar\u015f\u0131 korunma (hedge: zarar riskini dengeleme) amac\u0131yla kullan\u0131labilece\u011fine i\u015faret ediyor.<\/p>\n
Enflasyon g\u00fc\u00e7lenirken, merkez bankas\u0131ndan h\u0131zl\u0131 ve g\u00fc\u00e7l\u00fc bir gev\u015feme ihtimali belirgin \u015fekilde azald\u0131. Y\u0131l i\u00e7in faiz indirimi beklentisinin 10 baz puana inmesi, Yuan\u2019a destek verebilir. Bu, 2025\u2019in b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcnde g\u00f6r\u00fclen havadan farkl\u0131; kurdaki d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar\u0131 azaltma zaman\u0131 olabilece\u011fine i\u015faret ediyor.<\/p>\n
\u00dcretici enflasyonunun \u00fc\u00e7 y\u0131l\u0131 a\u015fk\u0131n s\u00fcrenin ard\u0131ndan yeniden art\u0131ya ge\u00e7mesi, sanayi k\u00e2rl\u0131l\u0131\u011f\u0131 i\u00e7in \u00f6nemli bir geli\u015fme. Ham madde maliyetlerindeki y\u00fckseli\u015fin etkisiyle bu e\u011filim, bak\u0131r ve demir cevheri vadeli i\u015flemleri (futures: ileri tarihte al\u0131m-sat\u0131m fiyat\u0131 bug\u00fcnden belirlenen s\u00f6zle\u015fmeler) gibi emtialarda olumlu bir g\u00f6r\u00fcn\u00fcm\u00fc destekliyor.<\/p>\n
Orta Do\u011fu\u2019daki aksakl\u0131klar gibi jeopolitik unsurlar oynakl\u0131\u011f\u0131 (fiyat dalgalanmas\u0131) art\u0131r\u0131yor. Nakliye sigortas\u0131 maliyeti bu ay \u015fimdiden %5 y\u00fckseldi; bu art\u0131\u015f gerilimi yans\u0131t\u0131yor. Yat\u0131r\u0131mc\u0131lar\u0131n \u00f6zellikle enerji ve lojistik sekt\u00f6rlerinde ani tedarik zinciri \u015foklar\u0131na kar\u015f\u0131 opsiyonlarla korunmay\u0131 de\u011ferlendirmesi uygun olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00c7in\u2019de b\u00fcy\u00fcme %5\u2019e h\u0131zland\u0131: \u0130hracat %14,7 artarken i\u00e7 talep zay\u0131f. \u00dcFE art\u0131ya d\u00f6nd\u00fc, sert faiz indirimi beklentisi azald\u0131. Yat\u0131r\u0131mc\u0131ya mesaj: ihracat\u00e7\u0131 teknoloji\/sanayi se\u00e7, emtia izle, gayrimenkulde hedge.<\/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-44940","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\/44940","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=44940"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44940\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}