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Turkey regular economic note (April 2015) (English)

The highlights of this Turkey regular economic note for April 2015 are: growth slowed to 2.9 percent in 2014 and short-term prospects remain subdued; the fall in energy prices and weak domestic demand are helping bring the current account deficit down, but in the face of further exchange rate depreciation, the impact on inflation is less than expected; uncertainty related to the upcoming parliamentary elections continues to weigh on investor sentiment; rapid implementation of key structural reforms is critical to restore confidence.

Details

  • Document Date

    2015/04/01

  • Document Type

    Newsletter

  • Report Number

    98249

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Türkiye,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2015/07/21

  • Disclosure Status

    Disclosed

  • Doc Name

    Turkey regular economic note (April 2015)

  • Keywords

    inflation;current account balance;Job Creation;pace of expansion;domestic demand;current account deficit;agricultural labor force;global economy;rapid credit growth;consumer price inflation;put pressure;exchange rate depreciation;Foreign Exchange Reserve;lending rate;banking sector;Rule of Law;skills and education;export growth;economic institution;food price;external demand;budget flexibility;net export;long-term commitment;private consumption;Labor Market;private investment;aggregate demand;downside risk;fiscal side;Business Climate;unemployment rate;energy deficit;export performance;industrial activity;global condition;dollar value;export earning;export earnings;industrial sector;investment inflow;real gdp;short-term prospects;price rise;energy price;inflationary pressure;parliamentary election;global energy;transport prices;catering services;higher growth;downward pressure;auction amount;repo rate;borrowing rate;primary balance;consumer confidence;import demand;external financing;export prospects;

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Citation

Turkey regular economic note (April 2015) (English). Washington, D.C. : World Bank Group http://documents.worldbank.org/curated/en/580781467986255578/Turkey-regular-economic-note-April-2015