Credit Supply Shock |

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BBVA Research

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Credit Supply Shock latest publications

Turkey Economic Outlook. Fourth quarter 2017

Global recovery proceeds at a stable pace. Moreover, thanks to the Credit Guarantee Fund, Turkish economy continues to grow above potential, which leads us to upgrade our 2017 GDP growth estimate by 1pp to 6%. Additionally, higher momentum in economic activity and ongoing exchange rate pass-through especially from euro results in a higher inflation path.

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