The highest real return in October was in deposit interest

In October, the highest monthly real return was in deposit interest, with rates of 1.31 percent when reduced by the domestic producer price index (D-PPI) and 0.39 percent when reduced by the consumer price index (CPI).

Turkish Statistical Institute (TUIK) published the October Real Return Rates of Financial Investment Instruments report, which is closely followed by savers. According to inflation-adjusted calculations, gross deposit interest became the most powerful instrument offering positive real returns to investors in the past month, leaving alternative financial assets behind.

Return Table and Inflation Scorecard for October

According to TÜİK data, gross deposit interest provided a monthly real return of 1.31 percent when the domestic producer price index (D-PPI) was taken into account, and 0.39 percent when the consumer price index (CPI) was taken into account. In the same period, while the Government Domestic Debt Securities (GDDS) provided a gain of 0.91 percent at producer prices, it had a limited loss of 0.01 percent against consumer inflation. Losses stood out in foreign exchange, gold and stock markets. When reduced by CPI, the US Dollar caused a real loss of 0.95 percent, the Euro 3.53 percent, gold bullion 5.57 percent and the BIST 100 index 15.31 percent. On the D-PPI side, investors lost 0.04 percent of the dollar, 2.65 percent of the euro, 4.70 percent of gold and 14.53 percent of the stock market.

In the quarterly evaluation, gross deposits maintained their top position with a gain of 2.90 percent with D-PPI and 2.92 percent with CPI; BIST 100 index became the investment instrument that lost the most, decreasing by 21.13 percent and 21.11 percent, respectively. In the six-month term, GDDS stood out with a real return of 3.95 percent in producer prices and 5.59 percent in consumer prices.

Investor Behavior and Its Reflections on Digital Finance

Announced official indicators confirm that fixed-income Turkish lira assets maintain their attractiveness in the current economic conjuncture. Users who manage portfolios through mobile banking and new generation financial technology platforms consider deposits and public debt instruments as a safe haven against fluctuations in stock and foreign exchange markets. Sharp corrections in capital markets pull the risk perception of individual investors trading in digital channels to the cautious side, keeping the interest in cash and interest-oriented financial products alive.