Turkey | Monthly Economic Monitor. April 2017
Published on Wednesday, May 3, 2017 | Updated on Thursday, May 4, 2017
Turkey | Monthly Economic Monitor. April 2017
Summary
Turkish lira appreciated mostly on local factors. Foreseeing a rising trend in inflation, the CBRT’s front-loaded tightening in April held the Turkish lira firm. On the activity side, ongoing fiscal stimulus, strong support through exports and credit growth helped GDP growth continue to be moderate in 1Q as well.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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