Turkey | Monthly Economic Monitor - July 2017
Published on Tuesday, August 1, 2017 | Updated on Tuesday, August 1, 2017
Turkey | Monthly Economic Monitor - July 2017
Summary
Robust stance in the economic activity continued in 2Q, according to our nowcast. Inflation will ease further in summer on top of favorable base effects before climbing up again in 3Q. The CBRT strengthened its hawkish stance by keeping its interest rates intact and having the average funding rate hover above 11.9%.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Employment
- Macroeconomic Analysis
Authors
Seda Guler Mert
BBVA Research - Chief Economist
Asuman Kemiksiz
Gizem Onen