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Analysis by Region - MENA

Publisher Oxford Economics
Published Mar 11, 2022
Length 9 Pages
SKU # OFE17034035

Description

Analysis by Region - MENA

We have cut our 2022 GDP growth projection by 0.4ppts to 2.1% following Russia's invasion of Ukraine. There is immense uncertainty about the scale of the conflict's impact, but external factors have already added to the challenges faced by the Turkish economy this year. Soaring energy and food prices will lead to substantially higher near-term inflation, further squeezing household incomes, which will weigh on consumer spending.

Table of Contents

9 Pages
Turkey: Outlook downgraded due to higher external worries
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy and politics

Pricing

Currency Rates
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