09.06.2026 12:01
According to TÜİK's real return rates data for financial investment instruments for the May 2026 period, gross deposit interest, which provided investors with a 1.38% return over CPI on a monthly basis, ranked at the top, while gold bullion lost 2.79% monthly.
The Turkish Statistical Institute (TurkStat) published the real return rates of financial investment instruments for the May 2026 period. According to inflation-adjusted data, deposit interest rates made investors the happiest in May, while gold maintained its top position in the long-term annual chart without yielding to anyone.
MONTHLY LEADER DEPOSIT INTEREST, GOLD CAUSED THE MOST LOSS
According to the May 2026 results of the report regularly shared by TurkStat each month, deposit interest rates were the most profitable option for those looking to evaluate their savings in the short term.
Deposit Interest Rate: When adjusted with the Consumer Price Index (CPI), it provided a net real return of 1.38%, and when adjusted with the Domestic Producer Price Index (D-PPI), it achieved a net real return of 0.35%, becoming the champion of the month.
Borsa Istanbul (BIST 100): The index maintained its positive trend, yielding 1.34% for investors based on CPI.
Losses in Foreign Currency and Gold: In May, investors in foreign currency and gold did not find what they hoped for. On a CPI basis, the Euro lost 0.22%, the US Dollar 0.23%, and Government Domestic Debt Securities (GDDS) lost 0.59%. The most loss-making investment instrument of the month was gold bullion with a loss of 2.79%.
STOCK MARKET SURGE IN THE MEDIUM TERM
In the 3-month and 6-month medium-term performances of investment instruments, the balance changed:
3-Month Table: Gross deposit interest maintained its leadership with a real return of 1.01% based on CPI, while gold bullion caused the most loss in this period with a 14.53% decline.
6-Month Table: In the six-month period, the stock market surged. The BIST 100 index ranked at the top with a return of 12.67% when adjusted for CPI. In the same period, the US Dollar caused the most loss for investors with an 8.68% decline.
GOLD KEPT ITS THRONE ANNUALLY
When examining the one-year long-term performance of investment instruments, gold bullion, the traditional safe haven, declared its leadership. When adjusted for CPI, gold bullion offered investors the highest real return of 22.68% on an annual basis.
The annual performance of other instruments was as follows:
- BIST 100 Index: Provided a real gain of 15.81%.
- GDDS (Government Bonds): Offered a return of 4.03%.
- Deposit Interest: Performed at a break-even level, delivering 0.05% gain.
- Foreign Currency Investors in Loss: On an annual basis, those holding foreign currency fell below inflation. Based on CPI, the Euro caused a loss of 8.52% for investors, while the US Dollar resulted in a loss of 11.70%.