\u0130svi\u00e7re\u2019nin nisan ay\u0131 T\u00dcFE verisi kar\u0131\u015f\u0131k geldi. Man\u015fet T\u00dcFE (genel fiyat art\u0131\u015f\u0131) y\u0131ll\u0131k bazda %0,6 oldu; piyasa beklentisiyle ayn\u0131 ve marttaki %0,3 seviyesinin \u00fczerine \u00e7\u0131kt\u0131. Art\u0131\u015fta enerji fiyatlar\u0131ndaki y\u00fckseli\u015f etkili oldu. Bu, 2024\u2019\u00fcn son \u00e7eyre\u011finden bu yana en y\u00fcksek seviye.<\/p>\n
Man\u015fet enflasyon, \u0130svi\u00e7re Merkez Bankas\u0131\u2019n\u0131n (SNB) 2\u00c7 i\u00e7in %0,5\u2019lik tahminine yak\u0131n seyretti. \u00c7ekirdek T\u00dcFE (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) ise y\u0131ll\u0131k %0,3\u2019e gerileyerek %0,5\u2019lik beklentinin alt\u0131nda kald\u0131; marttaki %0,4\u2019ten d\u00fc\u015ferek uzun y\u0131llar\u0131n en d\u00fc\u015f\u00fck seviyesine indi.<\/p>\n
Rapor, temel enflasyondaki (\u00e7ekirdek) yumu\u015faman\u0131n SNB\u2019nin faizleri de\u011fi\u015ftirmeden tutabilmesine y\u00f6nelik beklentileri destekledi\u011fini belirtiyor. Ayr\u0131ca piyasada y\u0131l sonuna kadar faizin 25 baz puan (bp; faiz oran\u0131nda y\u00fczde 0,25 puanl\u0131k art\u0131\u015f) artarak %0,25\u2019e \u00e7\u0131kaca\u011f\u0131 y\u00f6n\u00fcndeki fiyatlaman\u0131n zay\u0131flayabilece\u011fine i\u015faret ediyor.<\/p>\n
\u0130svi\u00e7re frang\u0131, \u201cg\u00fcvenli liman\u201d talebiyle (kriz ve belirsizlik d\u00f6nemlerinde yat\u0131r\u0131mc\u0131lar\u0131n daha sa\u011flam g\u00f6rd\u00fc\u011f\u00fc varl\u0131klara y\u00f6nelmesi) destekleniyor. Bu talep, SNB\u2019nin daha s\u0131k\u0131 para politikas\u0131na (faiz art\u0131r\u0131m\u0131\/likiditeyi s\u0131k\u0131la\u015ft\u0131rma) dair beklentilerin azalmas\u0131n\u0131n etkisini dengeleyebilir.<\/p>\n
Ge\u00e7en y\u0131l da benzer bir tablo g\u00f6r\u00fclm\u00fc\u015ft\u00fc: \u0130svi\u00e7re\u2019de d\u00fc\u015f\u00fck \u00e7ekirdek enflasyon, merkez bankas\u0131n\u0131n faizi sabit tutabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcrm\u00fc\u015ft\u00fc. 2025\u2019teki de\u011ferlendirme, frang\u0131n g\u00fcvenli liman \u00f6zelli\u011finin, zay\u0131f faiz beklentilerinden daha g\u00fc\u00e7l\u00fc bir belirleyici olaca\u011f\u0131 y\u00f6n\u00fcndeydi. Bu g\u00f6r\u00fcn\u00fcm \u015fimdi daha da net bi\u00e7imde yeniden ortaya \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u0130svi\u00e7re\u2019de nisan T\u00dcFE s\u00fcrprizi: man\u015fet %0,6 ile y\u00fckselirken \u00e7ekirdek %0,3\u2019e indi. Enerji bask\u0131s\u0131 art\u0131yor; SNB\u2019nin faizleri sabit tutma ihtimali g\u00fc\u00e7leniyor. Frankta g\u00fcvenli liman deste\u011fi s\u00fcr\u00fcyor.<\/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-46175","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\/46175","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=46175"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46175\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}