IMF revises 2011 Turkey growth forecast down to 6.6 pct

by

Business

Sep 21, 2011 12:00 am GMT+3

Sep 21, 2011 12:00 am

The International Monetary Fund (IMF) has revised its forecast for Turkey's 2011 gross domestic product growth (GDP) to 6.6 percent, the World Economic Outlook report said on Tuesday, down from a forecast of 8.7 percent in July.

It also revised its 2012 growth forecast down to 2.2 percent from a July forecast of 2.5 percent.

Its forecasts for Turkish consumer price inflation were revised up to 6 percent from 5.5 percent this year and up to 6.9 percent from 6.4 percent in 2012.

The current account deficit-to-GDP ratio forecast was revised down to 10.3 percent from 10.5 percent this year and down to 7.4 percent from 9.8 percent in 2012.

Last Update: Sep 21, 2011 12:09 pm

Business

shortlink copied

This website uses cookies

Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.

6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.