Macroeconomic Forecast Turkey

February 2006 | Macroeconomic Forecasts

Our view remains that growth will stay around 5% over the medium term, with other indicators falling into line. Indeed, at present, the key risks to our forecasts are to the upside, with the current account deficit likely to be narrower than our estimate for 2005, and the possibility that inflation will fall below 5% at some point in 2006. Should this be the case, our risk ratings will likely break the 60.0 barrier for the first time, a level that indicates only minor economic imbalances.

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