The highest real return in January was achieved in bonds with 1.21 percent. When calculated on an annual basis, ingots yielded the highest returns. The highest monthly real return on government bonds came to 3.14 when adjusted with the domestic producer price index (D-PPI) and 1.21 when adjusted with the consumer price index (CPI). According to the Turkish Statistical Institute’s data, when adjusted with the D-PPI, deposit interest rates (gross) provide investors with a real return of 0.35 percent, while ingot gold, dollar, BIST 100 index, and Euro led investors to loss percentages of 0.14, 1.47, 2.43, and 2.57, respectively. When adjusted with the CPI, deposit interest rates (gross) led to a loss percentage of 1.53, while ingot gold, dollar, BIST 100 index, and Euro resulted in loss percentages of 2.01, 3.31, 4.26, and 4.40, respectively, to investors.

BOURSE REACHES PEAK IN 3 MONTHS
BIST 100 index, in a three-month evaluation, emerged as the investment tool providing investors with the highest real return rates of 7.26 when calculated with the D-PPI and 2.98 when adjusted with the CPI. In the same period, Euro turned out to be the investment instrument causing the most losses as it led investors to a loss rate of 5.44 when calculated with the D-PPI and 9.22 when adjusted with the CPI.

INGOT GOLD LEADS IN 6 MONTHS
According to a six-month evaluation, ingot gold, when adjusted with the D-PPI, provided investors with a real return rate of 12.45, 3.83 when calculated with the CPI, making it the highest performing investment tool for that period. Meanwhile, the BIST 100 index in the same period resulted in loss rates of 15.63 and 22.10 when calculated with the D-PPI and CPI, respectively, making it the investment tool that caused the most losses.

INGOT GOLD LEADS IN ANNUAL RETURNS
When assessed on an annual basis, ingot gold was the investment tool that provided investors with the highest real returns of 19.76 when calculated with the D-PPI and 7.19 when adjusted with the CPI. However, for the same period, the BIST 100 index yielded loss rates of 1.73, while the American Dollar and Euro led to loss rates of 7.15 and 11.86 when calculated with the D-PPI. When adjusted with the CPI, deposit interest rates led to a loss rate of 3.79, while the BIST 100 index, American Dollar, and Euro led to loss rates of 12.05, 16.89, and 21.11, respectively.