{"id":65846,"date":"2026-03-25T09:00:05","date_gmt":"2026-03-25T06:00:05","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/03\/25\/kuresel-pmi-verilerinde-savas-etkisi"},"modified":"2026-03-25T09:00:05","modified_gmt":"2026-03-25T06:00:05","slug":"kuresel-pmi-verilerinde-savas-etkisi","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/03\/25\/kuresel-pmi-verilerinde-savas-etkisi\/","title":{"rendered":"K\u00fcresel PMI verilerinde sava\u015f etkisi"},"content":{"rendered":"<p>Pusula yat\u0131r\u0131m&#8217;\u0131n de\u011ferlendirmesinde, S&amp;P Global taraf\u0131ndan yay\u0131mlanan mart ay\u0131 \u00f6nc\u00fc sat\u0131n alma y\u00f6neticileri endekslerinin (PMI), \u0130ran&#8217;daki sava\u015f\u0131n k\u00fcresel ekonomide e\u015f zamanl\u0131 bir \u015fok yaratt\u0131\u011f\u0131n\u0131 ve b\u00fcy\u00fcme ivmesini k\u0131rarken fiyatlar\u0131 h\u0131zla yukar\u0131 \u00e7ekti\u011fini ortaya koydu\u011fu belirtildi.<\/p>\n<p>ABD ve Euro B\u00f6lgesi&#8217;nde bile\u015fik endekslerinin beklentilerin alt\u0131nda kal\u0131rken, Avustralya ekonomisinin ani bir daralma b\u00f6lgesine geriledi\u011fi, Hindistan&#8217;da ise fabrika faaliyetlerinin 2021&#8217;den bu yana en d\u00fc\u015f\u00fck seviyesine indi\u011fi aktar\u0131l\u0131rken \u015funlar kaydedildi:<\/p>\n<p>&#8220;Enerji arz\u0131ndaki aksamalar nedeniyle Almanya&#8217;da girdi maliyetleri son \u00fc\u00e7 y\u0131l\u0131n en h\u0131zl\u0131 art\u0131\u015f\u0131n\u0131 kaydederken, \u0130ngiltere imalat sekt\u00f6r\u00fcndeki fiyat s\u0131\u00e7ramas\u0131 1992&#8217;deki &#8220;Kara \u00c7ar\u015famba&#8221; krizinden bu yana g\u00f6r\u00fclen en sert y\u00fckseli\u015f olarak kay\u0131tlara ge\u00e7mi\u015ftir.<\/p>\n<p>Bu veriler \u0131\u015f\u0131\u011f\u0131nda Avrupa Merkez Bankas\u0131 (ECB), \u0130ngiltere Merkez Bankas\u0131 (BoE) ve Avustralya Merkez Bankas\u0131 (RBA) gibi politika yap\u0131c\u0131lar, zay\u0131flayan b\u00fcy\u00fcmeye ra\u011fmen y\u00fckselen enflasyon riski nedeniyle daha \u015fahin bir tutum sergilemeye ba\u015flam\u0131\u015ft\u0131r. K\u00fcresel ekonomi takip\u00e7ileri, sava\u015f \u00f6ncesi ba\u015flayan toparlanma umutlar\u0131n\u0131n y\u00fcksek petrol maliyetleri, s\u0131k\u0131la\u015fan finansal ko\u015fullar ve bozulan t\u00fcketici g\u00fcveniyle sekteye u\u011frad\u0131\u011f\u0131 konusunda uyar\u0131da bulunmaktad\u0131r. \u00d6zellikle hizmet sekt\u00f6r\u00fcndeki durgunluk ve imalat maliyetlerindeki art\u0131\u015f\u0131n birle\u015fimi, k\u00fcresel \u00f6l\u00e7ekte &#8220;stagflasyon&#8221; alarmlar\u0131n\u0131n \u00e7almas\u0131na neden olurken, ekonomik gelece\u011fin b\u00fcy\u00fck \u00f6l\u00e7\u00fcde H\u00fcrm\u00fcz Bo\u011faz\u0131&#8217;n\u0131n kapal\u0131 kalma s\u00fcresine ve merkez bankalar\u0131n\u0131n bu \u015foka verece\u011fi tepkiye ba\u011fl\u0131 oldu\u011fu vurgulanmaktad\u0131r.<\/p>\n<p>ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n Tahran ile m\u00fczakerelerin s\u00fcrd\u00fc\u011f\u00fcn\u00fc ve bir bar\u0131\u015f anla\u015fmas\u0131 zemini arand\u0131\u011f\u0131n\u0131 a\u00e7\u0131klamas\u0131n\u0131n ard\u0131ndan, k\u00fcresel petrol fiyatlar\u0131 sert bir d\u00fc\u015f\u00fc\u015f kaydederek Brent petrol\u00fcn varil ba\u015f\u0131na 94 dolara, Bat\u0131 Teksas tipi ham petrol\u00fcn (WTI) ise 86 dolara gerilemesine neden olmu\u015ftur. Pakistan arac\u0131l\u0131\u011f\u0131yla iletilen 15 maddelik bir bar\u0131\u015f plan\u0131n\u0131n varl\u0131\u011f\u0131na dair iddialar ve Trump&#8217;\u0131n enerji altyap\u0131s\u0131na y\u00f6nelik sald\u0131r\u0131 tehdidinden geri ad\u0131m atmas\u0131 piyasalarda bir miktar rahatlama yaratsa da \u0130ran&#8217;\u0131n do\u011frudan g\u00f6r\u00fc\u015fme iddialar\u0131n\u0131 reddetmesi ve askeri kanad\u0131n piyasalar\u0131n ancak kendi kontrollerinde istikrar kazanaca\u011f\u0131na dair uyar\u0131lar\u0131 belirsizli\u011fi korumaktad\u0131r. Fiyatlar\u0131n temel ekonomik verilerden ziyade jeopolitik risk primine ve stoklar\u0131n kritik seviyede d\u00fc\u015f\u00fck olmas\u0131na dayal\u0131 olarak \u015fekillendi\u011fi bu d\u00f6nemde nisan ay\u0131nda H\u00fcrm\u00fcz Bo\u011faz\u0131&#8217;ndaki ak\u0131\u015f\u0131n normale d\u00f6nmesi senaryosu piyasadaki en iyimser beklenti olarak \u00f6ne \u00e7\u0131kmaktad\u0131r.&#8221;<\/p>\n<p> <strong><\/strong><br \/>\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0130stanbul, 25 Mart (Hibya) &#8211; Pusula Yat\u0131r\u0131m, S&amp;P Global taraf\u0131ndan yay\u0131mlanan mart ay\u0131 \u00f6nc\u00fc sat\u0131n alma y\u00f6neticileri endekslerinin (PMI), \u0130ran&#8217;daki sava\u015f\u0131n k\u00fcresel ekonomide e\u015f zamanl\u0131 bir \u015fok yaratt\u0131\u011f\u0131n\u0131 ve b\u00fcy\u00fcme ivmesini k\u0131rarken fiyatlar\u0131 h\u0131zla yukar\u0131 \u00e7ekti\u011fini ortaya koydu\u011funu bildirdi.<\/p>\n","protected":false},"author":1,"featured_media":65847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-65846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/65846","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=65846"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/65846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/65847"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=65846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=65846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=65846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}