TCMB, Para Politikas\u0131 Kurulu\u2019nun 11 Aral\u0131k\u2019ta ger\u00e7ekle\u015ftirilen toplant\u0131s\u0131na ili\u015fkin \u00f6zet yay\u0131mlad\u0131.<\/p>\n
K\u00fcresel ticaret politikalar\u0131na ili\u015fkin belirsizli\u011fin azalmakla birlikte tarihsel ortalamas\u0131n\u0131n \u00fczerinde kalmaya devam etti\u011fi belirtilen \u00f6zette, s\u00fcregelen belirsizli\u011fe ra\u011fmen, k\u00fcresel b\u00fcy\u00fcme tahminlerinde g\u00f6r\u00fclen s\u0131n\u0131rl\u0131 iyile\u015fme e\u011filiminin mevcut PPK d\u00f6neminde de s\u00fcrd\u00fc\u011f\u00fc bildirildi.<\/p>\n
Di\u011fer taraftan, artan korumac\u0131l\u0131k, \u00f6ne \u00e7ekilen talebin ge\u00e7ici etkilerinin ortadan kalkmas\u0131 ve belirsizli\u011fin daha uzun bir zaman dilimine yay\u0131lma olas\u0131l\u0131\u011f\u0131n\u0131n, k\u00fcresel b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fc \u00fczerindeki a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskleri canl\u0131 tuttu\u011fu ifade edilen \u00f6zette \u015funlar kaydedildi:<\/p>\n
\u201cBu \u00e7er\u00e7evede, zay\u0131f ve k\u0131r\u0131lgan g\u00f6r\u00fcn\u00fcm\u00fcn devam edece\u011fi; T\u00fcrkiye\u2019nin d\u0131\u015f ticaret ortaklar\u0131n\u0131n ihracat paylar\u0131yla a\u011f\u0131rl\u0131kland\u0131r\u0131lan k\u00fcresel b\u00fcy\u00fcme endeksinin 2025 y\u0131l\u0131nda y\u00fczde 2,0; 2026 y\u0131l\u0131nda ise y\u00fczde 2,3 oran\u0131nda artaca\u011f\u0131 tahmin edilmektedir. K\u00fcresel talep g\u00f6r\u00fcn\u00fcm\u00fcndeki zay\u0131f seyir ve arz y\u00f6nl\u00fc geli\u015fmeler ham petrol fiyatlar\u0131n\u0131 bask\u0131lamaya devam ederken, enerji emtia fiyatlar\u0131 d\u00fc\u015f\u00fck seyrini korumaktad\u0131r. Di\u011fer taraftan, tar\u0131m emtia, end\u00fcstriyel ve de\u011ferli metal fiyatlar\u0131 kaynakl\u0131 olarak enerji d\u0131\u015f\u0131 emtia fiyatlar\u0131 art\u0131\u015f e\u011filimini s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr.\u201d<\/p>\n
Enflasyon \u00fczerindeki riskler k\u00fcresel \u00f6l\u00e7ekte ge\u00e7erlili\u011fini korurken, merkez bankalar\u0131n\u0131n s\u00f6z konusu riskleri g\u00f6zeterek faiz indirimlerini s\u00fcrd\u00fcrd\u00fc\u011f\u00fc bildirilen \u00f6zette \u015funlar aktar\u0131ld\u0131:<\/p>\n
\u201cSon d\u00f6nemde, risk i\u015ftah\u0131ndaki dalgalanmalara ba\u011fl\u0131 olarak, geli\u015fmekte olan \u00fclke hisse senedi piyasalar\u0131ndan portf\u00f6y \u00e7\u0131k\u0131\u015flar\u0131 g\u00f6zlenirken, k\u00fcresel belirsizlikler ve jeopolitik geli\u015fmeler, portf\u00f6y hareketleri \u00fczerindeki a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskleri canl\u0131 tutmaktad\u0131r.<\/p>\n
T\u00fcrk liras\u0131 (TL) mevduat faiz oranlar\u0131, 24 Ekim ile biten haftaya k\u0131yasla 119 baz puan azalarak 5 Aral\u0131k ile biten haftada y\u00fczde 46,9 seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Ayn\u0131 d\u00f6nemde TL ticari kredi faizleri (Kredili Mevduat Hesab\u0131 ve Kredi Kart\u0131 hari\u00e7) 76 baz puan artarak y\u00fczde 47,9; ihtiya\u00e7 kredisi (Kredili Mevduat Hesab\u0131 hari\u00e7) faizleri 262 baz puan artarak y\u00fczde 64,6; konut kredisi faizleri 25 baz puan azalarak y\u00fczde 37,8; ta\u015f\u0131t kredisi faizleri ise 125 baz puan azalarak y\u00fczde 34,1 seviyesinde olu\u015fmu\u015ftur.<\/p>\n
Bireysel kredilerin 4 haftal\u0131k b\u00fcy\u00fcme oranlar\u0131n\u0131n ortalamas\u0131 24 Ekim\u20135 Aral\u0131k d\u00f6neminde s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde azalarak y\u00fczde 3 seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Bu d\u00fc\u015f\u00fc\u015fte kredi kart\u0131 b\u00fcy\u00fcmesindeki yava\u015flama etkili olmu\u015ftur. TL ticari kredilerin 4 haftal\u0131k b\u00fcy\u00fcme oranlar\u0131n\u0131n ortalamas\u0131 y\u00fczde 2,6 seviyesinde yatay seyretmi\u015ftir. Kur etkisinden ar\u0131nd\u0131r\u0131lm\u0131\u015f yabanc\u0131 para (YP) ticari kredilerdeki 4 haftal\u0131k b\u00fcy\u00fcme oranlar\u0131n\u0131n ortalamas\u0131 y\u00fczde 0,4 ile bir \u00f6nceki PPK d\u00f6nemi seviyesinin alt\u0131nda ger\u00e7ekle\u015fmi\u015ftir.<\/p>\n
Zorunlu kar\u015f\u0131l\u0131k (ZK) d\u00fczenlemesinde sadele\u015fme ad\u0131mlar\u0131n\u0131n at\u0131lmas\u0131na karar verilmi\u015ftir. Bankalar\u0131n ve finansman \u015firketlerinin yurt d\u0131\u015f\u0131ndan do\u011frudan temin etti\u011fi 1 y\u0131ldan uzun vadeli YP y\u00fck\u00fcml\u00fcl\u00fcklerdeki art\u0131\u015f tutar\u0131na y\u00fczde s\u0131f\u0131r oran\u0131nda ZK uygulanmas\u0131na ili\u015fkin ge\u00e7ici uygulama y\u0131l sonu itibar\u0131yla sonland\u0131r\u0131lm\u0131\u015ft\u0131r. Ayr\u0131ca, 16 Ocak 2026 tarihinde yeni oranlar \u00fczerinden tesisi yap\u0131lmak \u00fczere YP zorunlu kar\u015f\u0131l\u0131k oranlar\u0131nda de\u011fi\u015fikli\u011fe gidilmi\u015ftir.<\/p>\n
T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB) br\u00fct uluslararas\u0131 rezervleri, 24 Ekim\u2019den bu yana 0,9 milyar ABD dolar\u0131 artarak 5 Aral\u0131k itibar\u0131yla 186,4 milyar ABD dolar\u0131na y\u00fckselmi\u015ftir.\u00a0\u00a0 T\u00fcrkiye\u2019nin 5 y\u0131ll\u0131k kredi risk primi (CDS) 22 Ekim\u2019den bu yana yakla\u015f\u0131k 41 baz puan azalarak 10 Aral\u0131k itibar\u0131yla 226 baz puan seviyesine d\u00fc\u015fm\u00fc\u015ft\u00fcr. T\u00fcrk liras\u0131n\u0131n 1 ay vadeli kur oynakl\u0131\u011f\u0131 10 Aral\u0131k itibar\u0131yla y\u00fczde 8,4 seviyesine, 12 ay vadeli kur oynakl\u0131\u011f\u0131 y\u00fczde 18,7 seviyesine gerilemi\u015ftir. \u00d6nceki PPK toplant\u0131 haftas\u0131ndan bu yana Devlet \u0130\u00e7 Bor\u00e7lanma Senetleri (D\u0130BS) piyasas\u0131na 1,6 milyar ABD dolar\u0131, hisse senedi piyasas\u0131na ise 0,2 milyar ABD dolar\u0131 olmak \u00fczere toplamda 1,8 milyar ABD dolar\u0131 net portf\u00f6y giri\u015fi ger\u00e7ekle\u015fmi\u015ftir.<\/p>\n
Gayri Safi Yurt \u0130\u00e7i H\u00e2s\u0131la (GSYH), 2025 y\u0131l\u0131n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde y\u0131ll\u0131k ve \u00e7eyreklik bazda s\u0131ras\u0131yla y\u00fczde 3,7 ve y\u00fczde 1,1 oranlar\u0131nda artm\u0131\u015ft\u0131r. D\u00f6nemlik b\u00fcy\u00fcme \u00f6ng\u00f6r\u00fclenden y\u00fcksek ger\u00e7ekle\u015fmi\u015ftir. Don ve kurakl\u0131k olaylar\u0131 nedeniyle bitkisel \u00fcretimdeki gerilemenin etkisiyle tar\u0131m katma de\u011feri bu d\u00f6nemde y\u0131ll\u0131k bazda y\u00fczde 12,7 oran\u0131nda gerilemi\u015f ve b\u00fcy\u00fcmeyi s\u0131n\u0131rlam\u0131\u015ft\u0131r. Tar\u0131m sekt\u00f6r\u00fc hari\u00e7 tutuldu\u011funda b\u00fcy\u00fcmenin daha y\u00fcksek ger\u00e7ekle\u015fti\u011fi g\u00f6zlenmi\u015ftir. Harcama y\u00f6ntemiyle incelendi\u011finde, bu d\u00f6nemde \u00f6zel t\u00fcketim ve toplam yat\u0131r\u0131mlar\u0131n y\u0131ll\u0131k b\u00fcy\u00fcmeye pozitif katk\u0131 verdikleri g\u00f6r\u00fclm\u00fc\u015ft\u00fcr.<\/p>\n
\u00c7eyreklik bazda ise y\u0131l\u0131n ilk iki \u00e7eyre\u011finde gerileyen \u00f6zel t\u00fcketim \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte art\u0131\u015f kaydederken, toplam yat\u0131r\u0131mlar y\u0131l\u0131n ikinci \u00e7eyre\u011finin ard\u0131ndan bu d\u00f6nemde de b\u00fcy\u00fcmeyi desteklemi\u015ftir. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte \u00e7eyreklik bazda mal ve hizmet ithalat\u0131nda d\u00fc\u015f\u00fc\u015f, ihracat\u0131nda ise art\u0131\u015f ger\u00e7ekle\u015fmi\u015ftir. B\u00f6ylelikle net ihracat\u0131n \u00e7eyreklik b\u00fcy\u00fcmeye katk\u0131s\u0131 pozitif y\u00f6nde olmu\u015ftur. \u0130kinci \u00e7eyrekte h\u0131zlanan iktisadi faaliyet, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte bir miktar yava\u015flayarak \u00e7eyreklik potansiyeline yak\u0131n bir b\u00fcy\u00fcme sergilemi\u015ftir.<\/p>\n
Hizmet \u00fcretim endeksi eyl\u00fcl ay\u0131nda s\u0131n\u0131rl\u0131 bir miktar gerilemi\u015ftir. \u00c7eyreklik bazda ise y\u0131l\u0131n ikinci \u00e7eyre\u011findeki yatay seyrin \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte de devam etti\u011fi g\u00f6r\u00fclmektedir. Ekim ay\u0131nda perakende sat\u0131\u015f hacim endeksinde ayl\u0131k bazda y\u00fczde 0,2, \u00e7eyreklik bazda ise y\u00fczde 2,2 oran\u0131nda art\u0131\u015f ger\u00e7ekle\u015fmi\u015ftir. Alt\u0131n hari\u00e7 perakende sat\u0131\u015flar ayl\u0131k bazda y\u00fczde 0,1 oran\u0131nda gerilemi\u015f, \u00e7eyreklik art\u0131\u015f h\u0131z keserek y\u00fczde 0,7 oran\u0131nda olmu\u015ftur. Ayn\u0131 d\u00f6nemde ticaret sat\u0131\u015f hacim endeksi, ayl\u0131k bazda y\u00fczde 3,6 oran\u0131nda azalm\u0131\u015f, \u00e7eyreklik bazda da \u00f6nceki \u00e7eyre\u011fe benzer \u015fekilde gerilemeyi s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr. Kartla yap\u0131lan harcamalar ekim-kas\u0131m d\u00f6neminde \u00e7eyreklik bazda artm\u0131\u015ft\u0131r.<\/p>\n
Di\u011fer yandan, kart kullan\u0131m oran\u0131nda son y\u0131llarda g\u00f6r\u00fclen art\u0131\u015f\u0131n etkisi d\u0131\u015fland\u0131\u011f\u0131nda t\u00fcketim harcamalar\u0131n\u0131n daha \u0131l\u0131ml\u0131 ger\u00e7ekle\u015fti\u011fi de\u011ferlendirilmektedir. Beyaz e\u015fya sat\u0131\u015flar\u0131 ekim ay\u0131nda y\u00fckselirken otomobil sat\u0131\u015flar\u0131 ekim-kas\u0131m d\u00f6neminde \u0131l\u0131ml\u0131 art\u0131\u015f g\u00f6stermi\u015ftir.\u00a0<\/p>\n
Ekim ay\u0131nda sanayi \u00fcretim endeksi, mevsim ve takvim etkilerinden ar\u0131nd\u0131r\u0131lm\u0131\u015f olarak ayl\u0131k bazda y\u00fczde 0,8 oran\u0131nda azalm\u0131\u015f, takvim etkilerinden ar\u0131nd\u0131r\u0131lm\u0131\u015f olarak y\u0131ll\u0131k bazda y\u00fczde 2,2 oran\u0131nda artm\u0131\u015ft\u0131r. \u00c7eyreklik bazda sanayi \u00fcretimi, ekim ay\u0131 itibar\u0131yla d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte y\u00fczde 2 oran\u0131nda d\u00fc\u015fm\u00fc\u015ft\u00fcr. Ana e\u011filimi izlemek amac\u0131yla tipik oynakl\u0131k sergileyen di\u011fer ula\u015f\u0131m ve benzeri sekt\u00f6rler d\u0131\u015fland\u0131\u011f\u0131nda, sanayi \u00fcretiminin \u00e7eyreklik bazda daha s\u0131n\u0131rl\u0131 olarak geriledi\u011fi g\u00f6r\u00fclmektedir. \u0130malat sanayine y\u00f6nelik anket g\u00f6stergeleri, d\u00f6rd\u00fcnc\u00fc \u00e7eyrek i\u00e7in sekt\u00f6r faaliyetinde art\u0131\u015fa i\u015faret etmektedir.\u00a0<\/p>\n
Cari a\u00e7\u0131\u011f\u0131n finansman\u0131 taraf\u0131nda, bankac\u0131l\u0131k sekt\u00f6r\u00fcn\u00fcn 12 ayl\u0131k birikimli uzun vadeli bor\u00e7 \u00e7evirme oran\u0131 eyl\u00fcl ay\u0131nda y\u00fczde 169,5 olarak ger\u00e7ekle\u015fmi\u015ftir. S\u00f6z konusu oran, bankac\u0131l\u0131k sekt\u00f6r\u00fc d\u0131\u015f\u0131ndaki firmalarda yakla\u015f\u0131k y\u00fczde 147,1 olmu\u015ftur. Bu \u00e7er\u00e7evede, yurt d\u0131\u015f\u0131 bor\u00e7lanma imkanlar\u0131n\u0131n y\u00fcksek seviyelerini korudu\u011fu de\u011ferlendirilmi\u015ftir.<\/p>\n
Enflasyon geli\u015fmeleri ve beklentiler<\/p>\n
T\u00fcketici fiyatlar\u0131 kas\u0131m ay\u0131nda y\u00fczde 0,87 oran\u0131nda y\u00fckselmi\u015f, y\u0131ll\u0131k enflasyon 1,80 puan d\u00fc\u015f\u00fc\u015fle y\u00fczde 31,07 olarak ger\u00e7ekle\u015fmi\u015ftir. Y\u0131ll\u0131k t\u00fcketici enflasyonundaki gerilemeyi g\u0131da fiyatlar\u0131 s\u00fcr\u00fcklerken, g\u0131da d\u0131\u015f\u0131nda kalan t\u00fcketici fiyatlar\u0131nda y\u0131ll\u0131k enflasyon g\u00f6rece yatay seyretmi\u015ftir. B endeksinin y\u0131ll\u0131k de\u011fi\u015fim oran\u0131 0,35 puan d\u00fc\u015ferek y\u00fczde 32,17\u2019ye; C endeksinin y\u0131ll\u0131k de\u011fi\u015fim oran\u0131 da 0,40 puan azal\u0131\u015fla y\u00fczde 31,65\u2019a gerilemi\u015ftir. Y\u0131ll\u0131k enflasyona katk\u0131lar g\u0131da ve alkols\u00fcz i\u00e7ecekler, temel mallar ve hizmet gruplar\u0131nda s\u0131ras\u0131yla 1,61, 0,20 ve 0,17 puan azal\u0131rken, alkol-t\u00fct\u00fcn-alt\u0131n ve enerji gruplar\u0131nda s\u0131ras\u0131yla 0,10 ve 0,08 puan artm\u0131\u015ft\u0131r. Mevsimsellikten ar\u0131nd\u0131r\u0131lm\u0131\u015f verilerle, t\u00fcketici fiyatlar\u0131n\u0131n ayl\u0131k art\u0131\u015f\u0131 bir \u00f6nceki aya k\u0131yasla zay\u0131flam\u0131\u015ft\u0131r.<\/p>\n
Kas\u0131m ay\u0131nda t\u00fcketici enflasyonu g\u0131da fiyatlar\u0131ndaki geli\u015fmelerle beklenenden d\u00fc\u015f\u00fck ger\u00e7ekle\u015fmi\u015ftir. Son aylarda olumsuz seyreden g\u0131da fiyatlar\u0131nda kas\u0131m ay\u0131ndaki d\u00fc\u015f\u00fc\u015fte sebze \u00fcr\u00fcnleri \u00f6nc\u00fcl\u00fc\u011f\u00fcnde i\u015flenmemi\u015f g\u0131da alt grubu etkili olurken, i\u015flenmi\u015f g\u0131dada ayl\u0131k fiyat art\u0131\u015f\u0131 yava\u015flam\u0131\u015ft\u0131r. Bu d\u00f6nemde i\u015flenmemi\u015f g\u0131da fiyatlar\u0131ndaki y\u00fczde 3,33\u2019l\u00fck azal\u0131\u015fta sebze (y\u00fczde -9,52), yumurta (y\u00fczde -8,38) ve beyaz et (y\u00fczde -8,24) fiyatlar\u0131ndaki gerilemelerin etkisi hissedilmi\u015ftir. \u0130\u015flenmi\u015f g\u0131da grubu fiyatlar\u0131 ise bir \u00f6nceki aya k\u0131yasla y\u00fczde 1,50 oran\u0131nda artm\u0131\u015f; et \u00fcr\u00fcnleri (y\u00fczde 5,17) ile kat\u0131-s\u0131v\u0131 ya\u011flar (y\u00fczde 4,22) fiyat art\u0131\u015flar\u0131 ile \u00f6ne \u00e7\u0131km\u0131\u015ft\u0131r.<\/p>\n
Hizmet fiyatlar\u0131 kas\u0131m ay\u0131nda y\u00fczde 1,46 oran\u0131nda artarken mevsimsel etkilerden ar\u0131nd\u0131r\u0131ld\u0131\u011f\u0131nda hizmet enflasyonundaki yatay seyir korunmu\u015ftur. Temel mal grubu ayl\u0131k fiyat art\u0131\u015f\u0131 kas\u0131m ay\u0131nda g\u00f6rece \u0131l\u0131ml\u0131 seyretmi\u015ftir. \u00d6te yandan, enerji ayl\u0131k enflasyonu temelde ham petrol fiyat geli\u015fmelerinden ayr\u0131\u015fan motorin \u00fcr\u00fcn fiyatlar\u0131n\u0131n s\u00fcr\u00fckledi\u011fi akaryak\u0131t kalemine ba\u011fl\u0131 y\u00fckselmi\u015ftir.<\/p>\n
Enflasyonun ana e\u011filimi eyl\u00fcl ay\u0131ndaki art\u0131\u015ftan sonra ekim ve kas\u0131m aylar\u0131nda bir miktar gerilemi\u015ftir. Ana e\u011filime ili\u015fkin g\u00f6stergeler, \u00fc\u00e7 ayl\u0131k ortalamalar baz\u0131nda ise belirgin bir de\u011fi\u015fim sergilememi\u015ftir. Mevsimsellikten ar\u0131nd\u0131r\u0131lm\u0131\u015f ayl\u0131k enflasyon, B endeksinde bir \u00f6nceki aya k\u0131yasla yatay seyrederken, C endeksinde artm\u0131\u015ft\u0131r. Enflasyonun B endeksini olu\u015fturan gruplardan i\u015flenmi\u015f g\u0131dada yava\u015flad\u0131\u011f\u0131, hizmet sekt\u00f6r\u00fcnde yatay seyretti\u011fi, temel mallarda ise bir miktar art\u0131\u015f kaydetti\u011fi g\u00f6zlenmi\u015ftir. Da\u011f\u0131l\u0131m ve model bazl\u0131 ana e\u011filim g\u00f6stergeleri de bir \u00f6nceki aya k\u0131yasla azalm\u0131\u015ft\u0131r. Tahmin performans\u0131 g\u00f6rece daha iyi olan medyan enflasyonun ayl\u0131k bazda y\u00fczde 1,8\u2019e geriledi\u011fi izlenmi\u015ftir.<\/p>\n
Kas\u0131m ay\u0131 itibar\u0131yla son \u00fc\u00e7 ayl\u0131k d\u00f6nemde mevsim etkilerinden ar\u0131nd\u0131r\u0131lm\u0131\u015f ortalama enflasyon temel mallarda (y\u00fczde 1,19) s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde y\u00fckselirken hizmet sekt\u00f6r\u00fcnde (y\u00fczde 2,89) bir \u00f6nceki aya k\u0131yasla yatay seyretmi\u015ftir.<\/p>\n
Hizmet sekt\u00f6r\u00fcnde h\u00e2kim olan fiyatlama davran\u0131\u015f\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde atalete ve \u015foklar\u0131n enflasyon \u00fczerindeki etkilerinin uzun bir zamana yay\u0131lmas\u0131na neden olmaktad\u0131r. Bu dinamikler, hizmet enflasyonunun mallara g\u00f6re y\u00fcksek seyrine neden olmaktad\u0131r. Kas\u0131m ay\u0131nda, y\u0131ll\u0131k enflasyon kira ile haberle\u015fme hizmetlerinde azal\u0131rken di\u011fer gruplarda artm\u0131\u015ft\u0131r. Kira enflasyonu ayl\u0131k bazda y\u00fczde 2,49 ile g\u00fc\u00e7 kaybetmeye devam etmi\u015f, grup y\u0131ll\u0131k enflasyonu y\u00fczde 63,59\u2019a gerilemi\u015ftir.<\/p>\n
Ula\u015ft\u0131rma alt grubunda fiyatlar y\u00fczde 1,69 oran\u0131nda artm\u0131\u015f, bu grupta y\u0131ll\u0131k enflasyon y\u00fczde 43,24\u2019e y\u00fckselmi\u015ftir. Bu geli\u015fmede, hava yoluyla yolcu ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 kalemindeki fiyat art\u0131\u015f\u0131n\u0131n etkisi \u00f6ne \u00e7\u0131km\u0131\u015ft\u0131r. Haberle\u015fme alt grubu ayl\u0131k fiyat art\u0131\u015f\u0131nda (y\u00fczde 1,51) telefonla yap\u0131lan g\u00f6r\u00fc\u015fme ile internet \u00fccretlerindeki y\u00fckseli\u015fler etkili olmu\u015ftur. Lokanta-otellerde ise ayl\u0131k enflasyon otel \u00fccretlerindeki gerileme ile y\u00fczde 0,89\u2019a yava\u015flam\u0131\u015ft\u0131r. Di\u011fer hizmetler alt grubunda fiyatlar y\u00fczde 1,06 ile g\u00f6rece \u0131l\u0131ml\u0131 seyretmi\u015f, paket turlar hac hizmeti fiyatlar\u0131na istinaden artm\u0131\u015ft\u0131r.<\/p>\n
Yurt i\u00e7i \u00fcretici fiyatlar\u0131 kas\u0131m ay\u0131nda y\u00fczde 0,84 oran\u0131nda artm\u0131\u015f, y\u0131ll\u0131k enflasyon 0,23 puan y\u00fckselerek y\u00fczde 27,23 olmu\u015ftur. \u00dcretici fiyatlar\u0131 ayl\u0131k enflasyonu T\u00fcrk liras\u0131ndaki g\u00f6r\u00fcn\u00fcm\u00fcn de etkisiyle \u00f6nceki aylara k\u0131yasla zay\u0131flam\u0131\u015ft\u0131r. Bu d\u00f6nemde enerji fiyatlar\u0131 (y\u00fczde -0,48) gerilerken, sermaye (y\u00fczde 1,54) ve ara mallar\u0131 (y\u00fczde 1,27) fiyat art\u0131\u015flar\u0131 ile \u00f6ne \u00e7\u0131km\u0131\u015ft\u0131r.<\/p>\n
Para Politikas\u0131 Kurulu, politika faizi olan bir hafta vadeli repo ihale faiz oran\u0131n\u0131n y\u00fczde 39,5\u2019ten y\u00fczde 38\u2019e indirilmesine karar vermi\u015ftir. Kurul ayr\u0131ca, Merkez Bankas\u0131 gecelik vadede bor\u00e7 verme faiz oran\u0131n\u0131 y\u00fczde 42,5\u2019ten y\u00fczde 41\u2019e, gecelik vadede bor\u00e7lanma faiz oran\u0131n\u0131 ise y\u00fczde 38\u2019den y\u00fczde 36,5\u2019e indirmi\u015ftir.<\/p>\n
Kredi ve mevduat piyasalar\u0131nda \u00f6ng\u00f6r\u00fclenin d\u0131\u015f\u0131nda geli\u015fmeler olmas\u0131 halinde parasal aktar\u0131m mekanizmas\u0131 ilave makroihtiyati ad\u0131mlarla desteklenecektir. Likidite ko\u015fullar\u0131 yak\u0131ndan izlenmeye ve likidite y\u00f6netimi ara\u00e7lar\u0131 etkili \u015fekilde kullan\u0131lmaya devam edilecektir.<\/p>\n
Kurul, politika kararlar\u0131n\u0131 enflasyonu orta vadede y\u00fczde 5 hedefine ula\u015ft\u0131racak parasal ve finansal ko\u015fullar\u0131 sa\u011flayacak \u015fekilde belirleyecektir. Kurul, kararlar\u0131n\u0131 \u00f6ng\u00f6r\u00fclebilir, veri odakl\u0131 ve \u015feffaf bir \u00e7er\u00e7evede alacakt\u0131r.\u201d<\/p>\n
\u00a0<\/p>\n
<\/strong> \u0130stanbul, 18 Aral\u0131k (Hibya) – T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB) Para Politikas\u0131 Kurulu (PPK) Toplant\u0131 \u00d6zeti yay\u0131mland\u0131.<\/p>\n","protected":false},"author":1,"featured_media":22101,"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-22100","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\/22100","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=22100"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/22100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/22101"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=22100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=22100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=22100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"