Bank deposits deliver highest real return in October

According to the data, gross deposit interest delivered the highest monthly real return, at 1.31% when adjusted for the Domestic Producer Price Index (D-PPI) and 0.39% when adjusted for the Consumer Price Index (CPI). On a CPI-adjusted basis, government debt securities (GDDS) recorded a real loss of 0.01%, followed by the U.S. dollar at 0.95%, the euro at 3.53%, gold bullion at 5.57%, and the BIST 100 index at 15.31%.

Over the three-month period, deposit interest provided the highest CPI-adjusted real return at 2.92%. Government debt securities ranked first over both the six-month and annual periods, delivering real returns of 5.59% and 4.04%, respectively. On an annual basis, deposit interest generated a real gain of 0.29%, while the U.S. dollar recorded a real loss of 8.92%, gold 11.70%, the euro 12.26%, and the BIST 100 index 15.09%. As a result, bank deposits stood out as the best-performing investment instrument in the short term, while government debt securities led over longer periods.