{"status":true,"post":{"id":45631,"user_id":10,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2023-11-20 07:46:00","created_at":"2023-11-20T04:46:00.000000Z","updated_at":"2023-11-20T04:46:00.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":45631,"is_featured":0,"title":"S\u0131k\u0131la\u015ft\u0131rma politikalar\u0131n\u0131n etkisi iki \u00e7eyrek daha s\u00fcrecek","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":"DR. CAN G\u00dcRLESEL","content":"<p id=\"isPasted\" style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'><br><\/span><\/strong><\/p><p><br><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>gurlesel@superonline.com<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>D\u00fcnya ve T\u00fcrkiye\u2019de y\u0131l\u0131n ikinci yar\u0131s\u0131nda s\u0131k\u0131la\u015ft\u0131rma politikalar\u0131 \u00f6ne \u00e7\u0131k\u0131yor. Enflasyonla m\u00fccadeleyi hedefleyen s\u0131k\u0131la\u015ft\u0131rma politikalar\u0131 i\u015fleri de etkiliyor.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>1. YAVA\u015eLATICI ETK\u0130LER\u0130 DAHA BEL\u0130RG\u0130N HALE GELD\u0130\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>B\u00fcy\u00fck merkez bankalar\u0131, ekim ve kas\u0131m ay\u0131 ba\u015f\u0131ndaki toplant\u0131lar\u0131nda faiz art\u0131\u015flar\u0131na gitmedi. \u015eimdilik mevcut y\u00fcksek faiz oranlar\u0131n\u0131 enflasyonla m\u00fccadele i\u00e7in yeterli g\u00f6r\u00fcyorlar. Ancak merkez bankalar\u0131 gerekti\u011finde faiz art\u0131\u015flar\u0131 yapabileceklerini de a\u00e7\u0131klad\u0131.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131 para politikalar\u0131yla piyasalarda da y\u00fcksek kredi ve tahvil faizleri olu\u015ftu. Firmalar i\u00e7in dolar cinsinden kredilerde faiz oranlar\u0131 y\u00fczde 7.5\u2019ten ba\u015fl\u0131yor. Y\u00fcksek faizler, i\u015f aktivitesini ve t\u00fcketici talebini yava\u015flatmaya devam ediyor.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>2. SANAY\u0130DE YAVA\u015eLAMA K\u00dc\u00c7\u00dcLMEYE D\u00d6ND\u00dc\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>2023 y\u0131l\u0131 boyunca uygulanan s\u0131k\u0131 para politikalar\u0131n\u0131n yava\u015flat\u0131c\u0131 etkisi, y\u0131l\u0131n son \u00e7eyre\u011finde artan \u015fekilde hissediliyor. K\u00fcresel sanayi PMI verisi, ekim ay\u0131nda 48.8 puan ile y\u0131l\u0131n en d\u00fc\u015f\u00fck ikinci seviyesine indi. ABD, Euro b\u00f6lgesi ve \u00c7in\u2019de PMI sanayi verileri 50 puan\u0131n alt\u0131nda kalarak, sanayideki daralmay\u0131 g\u00f6sterdi. Sanayideki daralma ve talepteki zay\u0131flama yat\u0131r\u0131m, t\u00fcketim ve ara mallar\u0131nda birlikte g\u00f6r\u00fcl\u00fcyor. K\u00fcresel \u00f6l\u00e7ekte yat\u0131r\u0131m i\u015ftah\u0131, makina ve te\u00e7hizat yat\u0131r\u0131mlar\u0131 da gecikmeli olarak yava\u015flama d\u00f6neminden daralma d\u00f6nemine giriyor. K\u00fcresel sanayi PMI verisi i\u00e7inde yat\u0131r\u0131m mallar\u0131 PMI verisi, eyl\u00fcl ay\u0131nda 50 puan s\u0131n\u0131r\u0131na indikten sonra ekim ay\u0131nda 49.4 puan ile daralma b\u00f6lgesine ge\u00e7ti.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>3. D\u00dcNYA MAL T\u0130CARET\u0130 DARALIYOR<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>Yine k\u00fcresel sanayi PMI verisi i\u00e7inde al\u0131nan yeni ihracat sipari\u015fleri 20. ayda da k\u00fc\u00e7\u00fclme b\u00f6lgesinde kald\u0131. 2022\u2019de Rusya-Ukrayna sava\u015f\u0131 sonras\u0131 mart ay\u0131nda ba\u015flayan k\u00fc\u00e7\u00fclme 47.5 puan ile ekim ay\u0131nda da devam etti. 2023 genelinde d\u00fcnya mal ticareti k\u00fc\u00e7\u00fcl\u00fcyor. Makina ve te\u00e7hizat ihracat\u0131, 2023\u2019\u00fcn ilk iki \u00e7eyre\u011finde b\u00fcy\u00fcd\u00fc, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde \u00f6nemli \u00f6l\u00e7\u00fcde yava\u015flad\u0131. D\u00f6rd\u00fcnc\u00fc \u00e7eyrekte muhtemelen dura\u011fan kalacak veya s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde d\u00fc\u015fecek. Ortado\u011fu\u2019daki yeni jeopolitik riskler de sanayi \u00fcretimi, ihracat ve yat\u0131r\u0131mlar \u00fczerinde s\u0131n\u0131rlay\u0131c\u0131 etki yaratacak. \u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>4. T\u00dcRK\u0130YE EKONOM\u0130S\u0130NDE SIKILA\u015eTIRMA PARA POL\u0130T\u0130KALARI A\u011eIRLIKLI S\u00dcR\u00dcYOR \u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>T\u00fcrkiye\u2019de ekonomi politikalar\u0131ndaki de\u011fi\u015fim devam ediyor. Enflasyon ve cari a\u00e7\u0131kta kal\u0131c\u0131 iyile\u015fmeler sa\u011flanmas\u0131 amac\u0131yla s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 para ve maliye politikalar\u0131 uygulanmas\u0131 hedefleniyor. Para politikas\u0131nda s\u0131k\u0131la\u015fma devam ediyor. Ancak ekim ay\u0131nda a\u00e7\u0131klanan 2024 y\u0131l\u0131 b\u00fct\u00e7esi, maliye politikas\u0131nda ihtiya\u00e7 duyulan s\u0131k\u0131la\u015fmay\u0131 sa\u011flayamayacak. Maliye politikalar\u0131ndan yeterli destek al\u0131namayaca\u011f\u0131 i\u00e7in Merkez Bankas\u0131 para politikas\u0131n\u0131n beklenenden daha s\u0131k\u0131 olabilece\u011fi g\u00f6r\u00fcl\u00fcyor. Nitekim Merkez Bankas\u0131, ekim ay\u0131nda faiz oranlar\u0131n\u0131 y\u00fczde 35\u2019e, 2023 ve 2024 y\u0131lsonu enflasyon beklentilerini de y\u00fczde 65 ve y\u00fczde 36\u2019ya \u00e7\u0131kard\u0131. Merkez Bankas\u0131, faiz art\u0131\u015flar\u0131na ve likidite ile kredilerde s\u0131k\u0131la\u015fmaya devam i\u015fareti verdi.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>5. DI\u015e T\u0130CARETTE \u0130THALAT YAVA\u015eLIYOR<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>D\u0131\u015f ticaret taraf\u0131nda ise ihracatta s\u0131n\u0131rl\u0131 art\u0131\u015f ya\u015fan\u0131rken, ithalatta yava\u015flama g\u00f6r\u00fcl\u00fcyor. Buna ba\u011fl\u0131 olarak d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131 da azal\u0131yor. Alt\u0131n, otomotiv yan\u0131 s\u0131ra yat\u0131r\u0131m mallar\u0131 ithalat\u0131, halen y\u00fcksek b\u00fcy\u00fcmeler g\u00f6steriyor. Yat\u0131r\u0131m mallar\u0131 ithalat\u0131, ekim ay\u0131nda ge\u00e7en y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re y\u00fczde 36.9 artt\u0131 ve 3.36 milyar dolardan 4.6 milyar dolara y\u00fckseldi. Acak-ekim d\u00f6neminde ise yat\u0131r\u0131m mallar\u0131 ithalat\u0131 y\u00fczde 32.6 artt\u0131 ve 32.3 milyar dolardan 42.85 milyar dolara y\u00fckseldi.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>6. SANAY\u0130 \u00dcRET\u0130M\u0130 A\u011eUSTOS VE EYL\u00dcL AYLARINDA YAVA\u015eLADI<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131la\u015fma politikalar\u0131n\u0131n bir di\u011fer etki alan\u0131 ise sanayi \u00fcretimidir. Sanayi \u00fcretimi, y\u0131l\u0131n ilk \u00e7eyrek d\u00f6neminde depremin etkisiyle y\u00fczde 0.3 darald\u0131. \u0130kinci \u00e7eyrekte bu kez se\u00e7imler ve \u00e7al\u0131\u015fma g\u00fcn say\u0131s\u0131n\u0131n azald\u0131\u011f\u0131 ortamda sanayi \u00fcretimi y\u00fczde 3.0 azald\u0131. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte ise sanayi \u00fcretimi y\u00fczde 8.4 artt\u0131. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte deprem etkisinin ve se\u00e7im belirsizliklerinin ortadan kalkmas\u0131yla sanayi \u00fcretimi art\u0131\u015f g\u00f6sterdi. S\u0131k\u0131la\u015fma politikalar\u0131n\u0131n yava\u015flat\u0131c\u0131 etkileri ise a\u011fustos ve eyl\u00fcl sanayi \u00fcretimlerinde g\u00f6r\u00fcld\u00fc.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>SON S\u00d6Z\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131la\u015ft\u0131rma politikalar\u0131n\u0131n i\u00e7eride ve d\u0131\u015far\u0131da yava\u015flat\u0131c\u0131 etkisi en az iki \u00e7eyrek daha s\u00fcrecek. \u0130\u015fletmeler, kontroll\u00fc yava\u015flama s\u00fcrecinin y\u00f6netimine \u00f6ncelik vermeli.\u00a0<\/span><\/p>","slug":"sikilastirma-politikalarinin-etkisi-iki-ceyrek-daha-surecek-","tags":null,"meta_title":null,"meta_description":null,"meta_keywords":null,"news_cover_min":"\/front\/uploads\/blog\/thumbnail\/1700427600RaCduZDC9eTKvwt.webp","news_cover":null,"news_video_min":null,"news_video":null,"view_count":1691,"cropped_1200x675":null,"user":{"id":10,"name":"CAN","surname":"G\u00dcRLESEL","email":"durmaz.umran@superposta.com","slug":"dr-can-gurlesel","avatar":"\/front\/uploads\/avatar\/17336916008P5QTYWdQ2pLpLn.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-09-15T09:39:41.000000Z","updated_at":"2024-12-18T09:51:00.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":45757,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":45631,"locale":"tr","category_id":73,"title":"S\u0131k\u0131la\u015ft\u0131rma politikalar\u0131n\u0131n etkisi iki \u00e7eyrek daha s\u00fcrecek","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":"DR. CAN G\u00dcRLESEL","content":"<p id=\"isPasted\" style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'><br><\/span><\/strong><\/p><p><br><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>gurlesel@superonline.com<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>D\u00fcnya ve T\u00fcrkiye\u2019de y\u0131l\u0131n ikinci yar\u0131s\u0131nda s\u0131k\u0131la\u015ft\u0131rma politikalar\u0131 \u00f6ne \u00e7\u0131k\u0131yor. Enflasyonla m\u00fccadeleyi hedefleyen s\u0131k\u0131la\u015ft\u0131rma politikalar\u0131 i\u015fleri de etkiliyor.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>1. YAVA\u015eLATICI ETK\u0130LER\u0130 DAHA BEL\u0130RG\u0130N HALE GELD\u0130\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>B\u00fcy\u00fck merkez bankalar\u0131, ekim ve kas\u0131m ay\u0131 ba\u015f\u0131ndaki toplant\u0131lar\u0131nda faiz art\u0131\u015flar\u0131na gitmedi. \u015eimdilik mevcut y\u00fcksek faiz oranlar\u0131n\u0131 enflasyonla m\u00fccadele i\u00e7in yeterli g\u00f6r\u00fcyorlar. Ancak merkez bankalar\u0131 gerekti\u011finde faiz art\u0131\u015flar\u0131 yapabileceklerini de a\u00e7\u0131klad\u0131.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131 para politikalar\u0131yla piyasalarda da y\u00fcksek kredi ve tahvil faizleri olu\u015ftu. Firmalar i\u00e7in dolar cinsinden kredilerde faiz oranlar\u0131 y\u00fczde 7.5\u2019ten ba\u015fl\u0131yor. Y\u00fcksek faizler, i\u015f aktivitesini ve t\u00fcketici talebini yava\u015flatmaya devam ediyor.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>2. SANAY\u0130DE YAVA\u015eLAMA K\u00dc\u00c7\u00dcLMEYE D\u00d6ND\u00dc\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>2023 y\u0131l\u0131 boyunca uygulanan s\u0131k\u0131 para politikalar\u0131n\u0131n yava\u015flat\u0131c\u0131 etkisi, y\u0131l\u0131n son \u00e7eyre\u011finde artan \u015fekilde hissediliyor. K\u00fcresel sanayi PMI verisi, ekim ay\u0131nda 48.8 puan ile y\u0131l\u0131n en d\u00fc\u015f\u00fck ikinci seviyesine indi. ABD, Euro b\u00f6lgesi ve \u00c7in\u2019de PMI sanayi verileri 50 puan\u0131n alt\u0131nda kalarak, sanayideki daralmay\u0131 g\u00f6sterdi. Sanayideki daralma ve talepteki zay\u0131flama yat\u0131r\u0131m, t\u00fcketim ve ara mallar\u0131nda birlikte g\u00f6r\u00fcl\u00fcyor. K\u00fcresel \u00f6l\u00e7ekte yat\u0131r\u0131m i\u015ftah\u0131, makina ve te\u00e7hizat yat\u0131r\u0131mlar\u0131 da gecikmeli olarak yava\u015flama d\u00f6neminden daralma d\u00f6nemine giriyor. K\u00fcresel sanayi PMI verisi i\u00e7inde yat\u0131r\u0131m mallar\u0131 PMI verisi, eyl\u00fcl ay\u0131nda 50 puan s\u0131n\u0131r\u0131na indikten sonra ekim ay\u0131nda 49.4 puan ile daralma b\u00f6lgesine ge\u00e7ti.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>3. D\u00dcNYA MAL T\u0130CARET\u0130 DARALIYOR<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>Yine k\u00fcresel sanayi PMI verisi i\u00e7inde al\u0131nan yeni ihracat sipari\u015fleri 20. ayda da k\u00fc\u00e7\u00fclme b\u00f6lgesinde kald\u0131. 2022\u2019de Rusya-Ukrayna sava\u015f\u0131 sonras\u0131 mart ay\u0131nda ba\u015flayan k\u00fc\u00e7\u00fclme 47.5 puan ile ekim ay\u0131nda da devam etti. 2023 genelinde d\u00fcnya mal ticareti k\u00fc\u00e7\u00fcl\u00fcyor. Makina ve te\u00e7hizat ihracat\u0131, 2023\u2019\u00fcn ilk iki \u00e7eyre\u011finde b\u00fcy\u00fcd\u00fc, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde \u00f6nemli \u00f6l\u00e7\u00fcde yava\u015flad\u0131. D\u00f6rd\u00fcnc\u00fc \u00e7eyrekte muhtemelen dura\u011fan kalacak veya s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde d\u00fc\u015fecek. Ortado\u011fu\u2019daki yeni jeopolitik riskler de sanayi \u00fcretimi, ihracat ve yat\u0131r\u0131mlar \u00fczerinde s\u0131n\u0131rlay\u0131c\u0131 etki yaratacak. \u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>4. T\u00dcRK\u0130YE EKONOM\u0130S\u0130NDE SIKILA\u015eTIRMA PARA POL\u0130T\u0130KALARI A\u011eIRLIKLI S\u00dcR\u00dcYOR \u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>T\u00fcrkiye\u2019de ekonomi politikalar\u0131ndaki de\u011fi\u015fim devam ediyor. Enflasyon ve cari a\u00e7\u0131kta kal\u0131c\u0131 iyile\u015fmeler sa\u011flanmas\u0131 amac\u0131yla s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 para ve maliye politikalar\u0131 uygulanmas\u0131 hedefleniyor. Para politikas\u0131nda s\u0131k\u0131la\u015fma devam ediyor. Ancak ekim ay\u0131nda a\u00e7\u0131klanan 2024 y\u0131l\u0131 b\u00fct\u00e7esi, maliye politikas\u0131nda ihtiya\u00e7 duyulan s\u0131k\u0131la\u015fmay\u0131 sa\u011flayamayacak. Maliye politikalar\u0131ndan yeterli destek al\u0131namayaca\u011f\u0131 i\u00e7in Merkez Bankas\u0131 para politikas\u0131n\u0131n beklenenden daha s\u0131k\u0131 olabilece\u011fi g\u00f6r\u00fcl\u00fcyor. Nitekim Merkez Bankas\u0131, ekim ay\u0131nda faiz oranlar\u0131n\u0131 y\u00fczde 35\u2019e, 2023 ve 2024 y\u0131lsonu enflasyon beklentilerini de y\u00fczde 65 ve y\u00fczde 36\u2019ya \u00e7\u0131kard\u0131. Merkez Bankas\u0131, faiz art\u0131\u015flar\u0131na ve likidite ile kredilerde s\u0131k\u0131la\u015fmaya devam i\u015fareti verdi.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>5. DI\u015e T\u0130CARETTE \u0130THALAT YAVA\u015eLIYOR<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>D\u0131\u015f ticaret taraf\u0131nda ise ihracatta s\u0131n\u0131rl\u0131 art\u0131\u015f ya\u015fan\u0131rken, ithalatta yava\u015flama g\u00f6r\u00fcl\u00fcyor. Buna ba\u011fl\u0131 olarak d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131 da azal\u0131yor. Alt\u0131n, otomotiv yan\u0131 s\u0131ra yat\u0131r\u0131m mallar\u0131 ithalat\u0131, halen y\u00fcksek b\u00fcy\u00fcmeler g\u00f6steriyor. Yat\u0131r\u0131m mallar\u0131 ithalat\u0131, ekim ay\u0131nda ge\u00e7en y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re y\u00fczde 36.9 artt\u0131 ve 3.36 milyar dolardan 4.6 milyar dolara y\u00fckseldi. Acak-ekim d\u00f6neminde ise yat\u0131r\u0131m mallar\u0131 ithalat\u0131 y\u00fczde 32.6 artt\u0131 ve 32.3 milyar dolardan 42.85 milyar dolara y\u00fckseldi.\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>6. SANAY\u0130 \u00dcRET\u0130M\u0130 A\u011eUSTOS VE EYL\u00dcL AYLARINDA YAVA\u015eLADI<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131la\u015fma politikalar\u0131n\u0131n bir di\u011fer etki alan\u0131 ise sanayi \u00fcretimidir. Sanayi \u00fcretimi, y\u0131l\u0131n ilk \u00e7eyrek d\u00f6neminde depremin etkisiyle y\u00fczde 0.3 darald\u0131. \u0130kinci \u00e7eyrekte bu kez se\u00e7imler ve \u00e7al\u0131\u015fma g\u00fcn say\u0131s\u0131n\u0131n azald\u0131\u011f\u0131 ortamda sanayi \u00fcretimi y\u00fczde 3.0 azald\u0131. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte ise sanayi \u00fcretimi y\u00fczde 8.4 artt\u0131. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte deprem etkisinin ve se\u00e7im belirsizliklerinin ortadan kalkmas\u0131yla sanayi \u00fcretimi art\u0131\u015f g\u00f6sterdi. S\u0131k\u0131la\u015fma politikalar\u0131n\u0131n yava\u015flat\u0131c\u0131 etkileri ise a\u011fustos ve eyl\u00fcl sanayi \u00fcretimlerinde g\u00f6r\u00fcld\u00fc.<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><strong><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>SON S\u00d6Z\u00a0<\/span><\/strong><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>\u00a0<\/span><\/p><p style='margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:\"Calibri\",sans-serif;'><span style='font-size:16px;font-family:\"Helvetica\",sans-serif;'>S\u0131k\u0131la\u015ft\u0131rma politikalar\u0131n\u0131n i\u00e7eride ve d\u0131\u015far\u0131da yava\u015flat\u0131c\u0131 etkisi en az iki \u00e7eyrek daha s\u00fcrecek. \u0130\u015fletmeler, kontroll\u00fc yava\u015flama s\u00fcrecinin y\u00f6netimine \u00f6ncelik vermeli.\u00a0<\/span><\/p>","slug":"sikilastirma-politikalarinin-etkisi-iki-ceyrek-daha-surecek-","orjinalimage":"\/front\/uploads\/blog\/thumbnail\/1700427600RaCduZDC9eTKvwt.webp","news_cover_min":"\/front\/uploads\/blog\/thumbnail\/1700427600RaCduZDC9eTKvwt.webp","news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":null,"meta_title":null,"meta_description":null,"meta_keywords":null,"view_count":1691,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}