{"id":45850,"date":"2026-04-30T13:01:42","date_gmt":"2026-04-30T13:01:42","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/euro-bolgesinin-oncu-1-ceyrek-gsyhsi-yuzde-01-artti-beklentilerin-altinda-yillik-buyume-yuzde-12den-yuzde-08e-yavasladi\/"},"modified":"2026-04-30T13:01:42","modified_gmt":"2026-04-30T13:01:42","slug":"euro-bolgesinin-oncu-1-ceyrek-gsyhsi-yuzde-01-artti-beklentilerin-altinda-yillik-buyume-yuzde-12den-yuzde-08e-yavasladi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/euro-bolgesinin-oncu-1-ceyrek-gsyhsi-yuzde-01-artti-beklentilerin-altinda-yillik-buyume-yuzde-12den-yuzde-08e-yavasladi\/","title":{"rendered":"Euro B\u00f6lgesi\u2019nin \u00f6nc\u00fc 1. \u00e7eyrek GSYH\u2019si y\u00fczde 0,1 artt\u0131, beklentilerin alt\u0131nda; y\u0131ll\u0131k b\u00fcy\u00fcme y\u00fczde 1,2\u2019den y\u00fczde 0,8\u2019e yava\u015flad\u0131"},"content":{"rendered":"

Euro B\u00f6lgesi\u2019nde 1. \u00e7eyre\u011fe ait \u201c\u00f6nc\u00fc\u201d (flash) GSYH b\u00fcy\u00fcmesi, \u00e7eyreklik bazda (QoQ) %0,1 ile %0,2 beklentisinin alt\u0131nda kald\u0131. Y\u0131ll\u0131k bazda (YoY) GSYH b\u00fcy\u00fcmesi %0,8 olurken, %0,9 tahmininin ve \u00f6nceki %1,2 seviyesinin alt\u0131nda ger\u00e7ekle\u015fti.<\/p>\n

Euro B\u00f6lgesi\u2019nde nisan ay\u0131 y\u0131ll\u0131k HICP (Uyumla\u015ft\u0131r\u0131lm\u0131\u015f T\u00fcketici Fiyat Endeksi) enflasyonu %3,0 ile %2,9 beklentisinin ve marttaki %2,6 seviyesinin \u00fczerine \u00e7\u0131kt\u0131. \u00c7ekirdek enflasyon (enerji ve g\u0131da gibi dalgal\u0131 kalemler hari\u00e7) %2,2\u2019ye gerileyerek %2,3 beklentisinin alt\u0131nda kald\u0131.<\/p>\n

B\u00fcy\u00fcme, Enflasyon ve Politika Gerilimi<\/h3>\n

Ayl\u0131k bazda man\u015fet HICP %1,0, \u00e7ekirdek HICP %0,9 artt\u0131. Martta ayl\u0131k art\u0131\u015f man\u015fette %1,3, \u00e7ekirdekte %0,8 olmu\u015ftu.<\/p>\n

Eurostat, nisan ay\u0131na ili\u015fkin \u00f6nc\u00fc HICP verisini ve 2026 1. \u00e7eyrek GSYH\u2019yi saat 09:00 GMT\u2019de yay\u0131mlad\u0131. \u00d6ncesinde GSYH\u2019nin \u00e7eyreklik %0,2 ve y\u0131ll\u0131k %0,9; HICP\u2019nin %2,9 ve \u00e7ekirde\u011fin %2,3 gelmesi bekleniyordu.<\/p>\n

Fed\u2019in para politikas\u0131 kurulu FOMC, faizleri %3,5\u2013%3,75 aral\u0131\u011f\u0131nda sabit tutmay\u0131 8\u2019e kar\u015f\u0131 4 oyla kabul etti. Bu, Ekim 1992\u2019den bu yana g\u00f6r\u00fclen ilk \u201c4 muhalif oy\u201d karar\u0131 oldu. EUR\/USD 1,1680 civar\u0131ndayd\u0131. 50 g\u00fcnl\u00fck EMA (\u00fcssel hareketli ortalama) 1,1678, 9 g\u00fcnl\u00fck EMA 1,1700 seviyesinde bulunurken, 13 Mart\u2019ta g\u00f6r\u00fclen 8 ay\u0131n en d\u00fc\u015f\u00fck seviyesi 1,1411\u2019di.<\/p>\n

Euro B\u00f6lgesi ekonomisi belirgin \u015fekilde ivme kaybediyor: \u0130lk \u00e7eyrekte b\u00fcy\u00fcme %0,1 gibi \u00e7ok d\u00fc\u015f\u00fck bir d\u00fczeyde kalarak beklentiyi ka\u00e7\u0131rd\u0131. Ayn\u0131 anda man\u015fet enflasyonun %3\u2019e \u00e7\u0131kmas\u0131, karar vericiler i\u00e7in \u201cstagflasyon benzeri\u201d (zay\u0131f b\u00fcy\u00fcme ile y\u00fcksek enflasyonun bir arada g\u00f6r\u00fclmesi) zor bir tablo yarat\u0131yor. Bu kar\u0131\u015f\u0131m, Avrupa Merkez Bankas\u0131\u2019n\u0131n (ECB) izleyece\u011fi yolu daha da karma\u015f\u0131k hale getiriyor.<\/p>\n

Eurusd Opsiyonlar\u0131 \u0130\u00e7in \u0130\u015flem Etkileri<\/h3>\n

B\u00f6lgenin merkezine bak\u0131nca tablo daha k\u0131r\u0131lgan g\u00f6r\u00fcn\u00fcyor. \u00d6rne\u011fin Almanya\u2019da sanayi \u00fcretimi 2025\u2019in son \u00e7eyre\u011finde %1,6 darald\u0131; bu, imalat taraf\u0131ndaki zay\u0131fl\u0131\u011f\u0131n s\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor. Fransa\u2019n\u0131n nisan ay\u0131 hizmet PMI\u2019\u0131 (sat\u0131n alma y\u00f6neticileri endeksi; 50\u2019nin alt\u0131 daralmaya i\u015faret eder) 48,2 ile daralma b\u00f6lgesinde kald\u0131; yava\u015flaman\u0131n sadece sanayiyle s\u0131n\u0131rl\u0131 olmad\u0131\u011f\u0131n\u0131 g\u00f6sterdi.<\/p>\n

Bu zay\u0131fl\u0131k, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) enflasyonla m\u00fccadele i\u00e7in daha \u201c\u015fahin\u201d (faiz indirimi yerine s\u0131k\u0131 duru\u015fu \u00f6nceleyen) bir tutumla faizi sabit tuttu\u011fu bir d\u00f6nemde ya\u015fan\u0131yor. Teredd\u00fctl\u00fc ECB ile daha kararl\u0131 Fed aras\u0131ndaki bu politika ayr\u0131\u015fmas\u0131, dolar\u0131n euroya kar\u015f\u0131 g\u00fc\u00e7l\u00fc kalmas\u0131n\u0131 destekleyebilir. 2025 boyunca da g\u00fc\u00e7l\u00fc dolar\u0131n EUR\/USD\u2019de kal\u0131c\u0131 y\u00fckseli\u015fleri s\u0131n\u0131rlad\u0131\u011f\u0131 g\u00f6r\u00fclm\u00fc\u015ft\u00fc.<\/p>\n

T\u00fcrev \u00fcr\u00fcn (de\u011ferini d\u00f6viz gibi bir varl\u0131ktan alan finansal ara\u00e7lar) i\u015flemleri yapanlar i\u00e7in bu g\u00f6r\u00fcn\u00fcm euro a\u00e7\u0131s\u0131ndan a\u015fa\u011f\u0131 y\u00f6nl\u00fc bir senaryoya i\u015faret ediyor. EUR\/USD\u2019de \u201cput\u201d opsiyonu (kur d\u00fc\u015ferse de\u011fer kazanan opsiyon) almak, olas\u0131 bir geri \u00e7ekilmeye pozisyon almak i\u00e7in daha basit bir yol sunar; hedef olarak martta g\u00f6r\u00fclen 1,1411 seviyesine yeniden yakla\u015fma g\u00fcndeme gelebilir. Bu strateji, riski kontrol ederken d\u00fc\u015f\u00fc\u015ften faydalanmaya imk\u00e2n tan\u0131r.<\/p>\n","protected":false},"excerpt":{"rendered":"

Euro B\u00f6lgesi\u2019nde b\u00fcy\u00fcme %0,1\u2019e frene bast\u0131, man\u015fet enflasyon %3\u2019e t\u0131rmand\u0131. \u00c7ekirdek gerilese de \u201cstagflasyon\u201d endi\u015fesi artt\u0131. \u015eahin Fed-teredd\u00fctl\u00fc ECB ayr\u0131\u015fmas\u0131 EUR\/USD\u2019de d\u00fc\u015f\u00fc\u015f ve put opsiyonlar\u0131n\u0131 \u00f6ne \u00e7\u0131kar\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-45850","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\/45850","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=45850"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45850\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}