Hindistan\u2019\u0131n nisan ay\u0131 T\u00fcketici Fiyat Endeksi (T\u00dcFE, t\u00fcketicinin ald\u0131\u011f\u0131 \u00fcr\u00fcn ve hizmetlerin fiyat de\u011fi\u015fimini \u00f6l\u00e7en g\u00f6sterge) y\u0131ll\u0131k bazda %3,5 artt\u0131. Bu oran, Bloomberg\u2019in piyasa beklentisi olan %3,8\u2019in alt\u0131nda kald\u0131 ve marttaki %3,4\u2019\u00fcn \u00fczerine \u00e7\u0131kt\u0131. B\u00f6ylece enflasyon, Hindistan Merkez Bankas\u0131\u2019n\u0131n (RBI) %4\u2019l\u00fck orta hedefinin 15\u2019inci ay \u00fcst \u00fcste alt\u0131nda ger\u00e7ekle\u015fti.<\/p>\n
Y\u0131l\u0131n ilk d\u00f6rt ay\u0131nda enflasyon ortalamas\u0131 %3,2 oldu. Bu seviye, RBI\u2019nin 2026-2027 mali y\u0131l\u0131 (FY2026-2027: kamu b\u00fct\u00e7esi y\u0131l\u0131n\u0131 ifade eder) i\u00e7in %4,6\u2019l\u0131k tahmininin alt\u0131nda. H\u00fck\u00fcmetin baz\u0131 ad\u0131mlar\u0131, k\u00fcresel petrol fiyatlar\u0131ndaki art\u0131\u015f\u0131n yaratt\u0131\u011f\u0131 genel fiyat bask\u0131s\u0131n\u0131 s\u0131n\u0131rlamaya yard\u0131mc\u0131 oldu.<\/p>\n
\u00d6n\u00fcm\u00fczdeki d\u00f6nemde enflasyonun kademeli y\u00fckselmesi bekleniyor. Bunun nedeni, b\u00fct\u00e7ede destek tedbirlerini s\u00fcrd\u00fcrmeye ayr\u0131labilecek alan\u0131n (mali alan: kamu harcamas\u0131\/indirim i\u00e7in uygun b\u00fct\u00e7e kapasitesi) daralmas\u0131 ve baz\u0131 uygulamalar\u0131n normalle\u015fmesi. Ba\u015fbakan Narendra Modi, g\u00fc\u00e7l\u00fc eyalet se\u00e7im sonu\u00e7lar\u0131n\u0131n ard\u0131ndan halka elektrik kullan\u0131m\u0131n\u0131 azaltma ve toplu ta\u015f\u0131may\u0131 daha fazla tercih etme \u00e7a\u011fr\u0131s\u0131 yapt\u0131.<\/p>\n
G\u0131da enflasyonu nisanda y\u0131ll\u0131k %4,0\u2019a y\u00fckseldi (martta %3,7). \u0130lkbahar hasad\u0131nda verim, beklenenden fazla ya\u011f\u0131\u015f nedeniyle k\u0131smen olumsuz etkilendi. Daha s\u0131cak ve daha kuru bir yazda g\u0131da fiyatlar\u0131n\u0131n y\u00fcksek kalabilece\u011fi; tedarik zinciri aksamalar\u0131n\u0131n da g\u00fcbre maliyetlerini art\u0131rabilece\u011fi belirtiliyor (tedarik zinciri: \u00fcretimden da\u011f\u0131t\u0131ma uzanan lojistik ve ara girdi ak\u0131\u015f\u0131).<\/p>\n
S\u0131v\u0131la\u015ft\u0131r\u0131lm\u0131\u015f petrol gaz\u0131 (LPG: mutfakta ve \u0131s\u0131nmada kullan\u0131lan t\u00fcpgaz) enflasyonu %5,3\u2019ten %3,0\u2019a geriledi. T\u00fcketiciye y\u00f6nelik fiyat tavan\u0131 (fiyat s\u0131n\u0131r\u0131) de\u011fi\u015fmezken, \u201ccrack spread\u201din (ham petrol\u00fcn rafineride \u00fcr\u00fcnlere \u00e7evrilmesinden do\u011fan rafineri k\u00e2r marj\u0131 g\u00f6stergesi) a\u00e7\u0131lmas\u0131yla ticari fiyatlar y\u00fckseldi. Ula\u015f\u0131m yak\u0131t\u0131 enflasyonu y\u0131ll\u0131k %0,1\u2019de kald\u0131.<\/p>\n
\u00c7ekirdek T\u00dcFE (g\u0131da ve enerji gibi oynak kalemler \u00e7\u0131kar\u0131larak hesaplanan daha kal\u0131c\u0131 enflasyon g\u00f6stergesi) y\u0131ll\u0131k %3,7 ile martla ayn\u0131 seviyede kald\u0131; bunda de\u011ferli metal fiyatlar\u0131ndaki art\u0131\u015f etkili oldu. M\u00fccevher hari\u00e7 enflasyon ise %2,2\u2019ye \u00e7\u0131kt\u0131 (\u00f6nceki %2,1).<\/p>\n
G\u0131da fiyatlar\u0131ndaki art\u0131\u015f riski \u00f6ne \u00e7\u0131k\u0131yor. Nisan ay\u0131nda g\u0131da enflasyonu zaten %4,0\u2019a y\u00fckselmi\u015fti. Hindistan Meteoroloji Dairesi\u2019nin (IMD) daha s\u0131cak ve daha kuru bir yaz beklentisi de bu riski destekliyor. May\u0131s ba\u015f\u0131ndaki toptan verilerde so\u011fan fiyatlar\u0131n\u0131n haftal\u0131k %7 artt\u0131\u011f\u0131 g\u00f6r\u00fcld\u00fc. G\u0131da enflasyonu, man\u015fet T\u00dcFE\u2019yi g\u00fc\u00e7l\u00fc bi\u00e7imde etkiledi\u011fi i\u00e7in bu tablo daha temkinli bir duru\u015fu \u00f6ne \u00e7\u0131kar\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
S\u00fcrpriz enflasyon verisi piyasay\u0131 ters k\u00f6\u015feye yat\u0131rd\u0131: Hindistan\u2019da nisan T\u00dcFE %3,5\u2019te kald\u0131, beklentiyi a\u015ft\u0131. G\u0131da %4\u2019e \u00e7\u0131kt\u0131; yaz riskleri artarken \u00e7ekirdek %3,7\u2019de yatay. RBI temkinde.<\/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-46592","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\/46592","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=46592"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46592\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}