13 February 2010 / TODAY’S ZAMAN, İSTANBUL
Trading on the stock exchange yielded the highest monthly real returns among investment instruments in January -- 7.58 percent when adjusted for inflation using the producer price index (PPI) and 6.23 percent when adjusted for the consumer price index (CPI).
The Turkish Statistics Institute (TurkStat) released on Friday its latest report on the rates of real return yielded by investment instruments in January. According to the report, the monthly real return rate of deposit interest was 0.05 percent last month, while the US dollar, gold and the euro suffered monthly real loss at rates of 2.8, 3.61 and 4.97 percent, respectively, when adjusted for the PPI. Adjusted for CPI, losses of 1.2 percent in deposit interest, 4.02 percent in the US dollar, 4.81 percent in gold and 6.16 percent in the euro were recorded in January.Trading on the stock exchange yielded the highest real profit with the rates of 6.22 percent according to the PPI and 5.05 percent according to the CPI, quarterly, while recording real returns of 36.78 percent and 33.73 percent according to the PPI and CPI, respectively, bi-annually.
