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JPMorgan Raises Turkey 2021 Growth Est. to 6.1% From 4.8%

TURKEY
  • "High frequency data show that the slowdown in economic activity has been quite mild"
  • Higher interest rates, slower loan growth, lockdowns to remain a drag on growth
  • Marks down 2022 growth forecast to 3.4% from 4.1% due to stronger base and "risk of tight policies for longer"
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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