Reálhozamra

Reálhozamra, often translated as real yield, is a crucial concept in finance and economics that measures the return on an investment after accounting for inflation. It represents the actual increase in purchasing power an investor experiences. To calculate reálhozamra, one subtracts the inflation rate from the nominal yield. For example, if an investment has a nominal yield of 5% and the inflation rate is 2%, the reálhozamra is 3%. This means the investor's purchasing power has increased by 3%, not the full 5% nominal return.

Understanding reálhozamra is vital for making informed investment decisions. A seemingly high nominal return can be significantly eroded by high inflation, resulting in a low or even negative real yield. This would imply that the investor is losing purchasing power despite earning a positive nominal return. Conversely, a lower nominal yield might still offer a substantial reálhozamra if inflation is also low. Investors often aim for investments that provide a positive and satisfactory reálhozamra to ensure their wealth grows in real terms. Central banks and policymakers also monitor inflation and real yields as indicators of economic health and the effectiveness of monetary policy.