Alnus Yat\u0131r\u0131m'\u0131n de\u011ferlendirmesinde, TCMB\u2019nin 2025 Aral\u0131k d\u00f6nemine ait \u2018Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketinde\u00a0Aral\u0131k ay\u0131 enflasyonuna (T\u00dcFE) ili\u015fkin y\u00fczde 1,08 d\u00fczeyindeki beklentinin; \u00f6ng\u00f6r\u00fc olan y\u00fczde 1,20 civar\u0131nda bir art\u0131\u015fa nazaran biraz iyimser oldu\u011fu belirtildi. Ocak ay\u0131 i\u00e7in y\u00fczde 3,44 oran\u0131ndaki enflasyon tahmininin de; y\u00fczde 3,50\u2019lik \u00f6ng\u00f6r\u00fcs\u00fcne yak\u0131n olmakla birlikte s\u0131n\u0131rl\u0131 iyimser oldu\u011fu aktar\u0131l\u0131rken \u015fu bilgiler verildi:<\/p>\n
“Yine, 2026 sonu i\u00e7in ankette yer alan y\u00fczde 23,35\u2019lik oran; y\u00fczde 24,00\u2019l\u00fck beklentimizin biraz alt\u0131nda.\u00a0<\/p>\n
11 Aral\u0131k\u2019daki(d\u00fcn) 150 baz puanl\u0131k faiz indirimi ile \u015fu an y\u00fczde 38,00 d\u00fczeyinde yer alan TCMB Politika Faizi(1 Hafta Vadeli Repo \u0130hale Oran\u0131)\u2019ne ili\u015fkin olarak; 23 Ocak 2026 tarihinde yap\u0131lacak ilk Para Politikas\u0131 Kurulu toplant\u0131s\u0131 i\u00e7in anketteki beklenti faizinin sabit kalabilece\u011fine i\u015faret ediyor. Y\u00fczde 1,08 veya bizim 1.20\u2019lik bir enflasyon rakam\u0131m\u0131z ger\u00e7ekle\u015fecekse; b\u00f6yle bir durumda Ocak ay\u0131n\u0131n pas ge\u00e7ilmesi uygun olacakt\u0131r. 12 Mart ve sonras\u0131ndaki(hen\u00fcz tarihi belli de\u011fil) toplant\u0131ya ili\u015fkin 100 ve 150 baz puanl\u0131k indirimleri de makul kar\u015f\u0131l\u0131yoruz.\u00a0<\/p>\n
Senenin ilk 10 ay\u0131nda gelen Cari \u0130\u015flemler Dengesi verileri; 14,5 Milyar Dolarl\u0131k bir a\u00e7\u0131\u011fa i\u015faret ederken, son \u00e7eyrekte Turizm sezonunun bitmesi ile Hizmet Gelir Dengesi\u2019ndeki fazlal\u0131\u011f\u0131n zay\u0131flamas\u0131n\u0131 ve enerji ba\u015fta olmak \u00fczere ithalat art\u0131\u015flar\u0131n\u0131n etkisiyle de cari a\u00e7\u0131\u011f\u0131n 20,0 Milyar Dolar civar\u0131nda yer almas\u0131n\u0131 beklemekteyiz. Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketinde ise; 21,3 Milyar Dolarl\u0131k bir a\u00e7\u0131k tahmini \u00f6n plana \u00e7\u0131km\u0131\u015f durumda. \uf0fc Son olarak 2025 y\u0131l\u0131 GSY\u0130H b\u00fcy\u00fcmesine ili\u015fkin ankette y\u00fczde 3,5 d\u00fczeyine revize edilen \u00f6ng\u00f6r\u00fc, bizim tahminimizin (y\u00fczde 3,6) k\u0131smen alt\u0131ndad\u0131r.”<\/p>\n
<\/strong> \u0130stanbul, 12 Aral\u0131k (Hibya) – Alnus Yat\u0131r\u0131m, TCMB\u2019nin 2025 Aral\u0131k d\u00f6nemine ait \u2018Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketinde Aral\u0131k ay\u0131 enflasyonuna (T\u00dcFE) ili\u015fkin y\u00fczde 1,08 d\u00fczeyindeki beklentinin; \u00f6ng\u00f6r\u00fc olan y\u00fczde 1,20 civar\u0131nda bir art\u0131\u015fa nazaran biraz iyimser oldu\u011funu bildirdi.<\/p>\n","protected":false},"author":1,"featured_media":19459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,4,1],"tags":[],"class_list":["post-19458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-dunya","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/19458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=19458"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/19458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/19459"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=19458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=19458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=19458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"