Turkey | Still supportive data but losing pace
Published on Tuesday, July 17, 2018
Turkey | Still supportive data but losing pace
Summary
The IP grew by 6.4% yoy in calendar adjusted terms in May, above the market consensus of 5.5%. Despite the still positive trend, the highest monthly deterioration of 1.6% since September 2016 signals the increasing likelihood of a more rapid adjustment than expected. We expect GDP growth to come down to 3.8% in 2018.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Ali Batuhan Barlas
BBVA Research - Senior Economist
Seda Guler Mert
BBVA Research - Principal Economist
Adem Ileri
BBVA Research - Senior Economist
Serkan Kocabas
Álvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Documents and files
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