RaboResearch - Economic Research

Country Report

Turkey (Country Update)

Turkey's economy appears to be headed for a soft-landing, after nearly overheating in 2011. While domestic demand growth came to a halt, exports took over as the main driver of growth. For 2012, we expect growth to come in at roughly 3%.

Economic Update

Economic Update Emerging Markets

Several emerging markets continue to experience a slowdown in growth. Growth in 12Q2 went down in both Russia and Turkey, while growth in China is likely to slow down further in Q3 as well. Meanwhile, industrial production in Mexico remained strong.