The Marketbeat Economic Snapshot – Turkey Q4 2012 report issued by leading global real estate firm Cushman & Wakefield indicates a rebound in GDP growth as well as robust consumer spending.
"Marketbeat Economic Snapshot – Turkey Q4 2012" presents a summary analysis of the Turkish investment market, offering an overview on private consumption and an outlook for the near future.
KEY FINDINGS OF THE REPORT
GDP – A return to robust growth is expected in H1.
Inflation – To ease marginally in 2013, with an upside risk from higher bank lending.
Interest rate – Ambiguous stance by the MPC. Inflation targeting most likely however due to the spur of the credit on the back of the capital inflows.
Employment – To improve throughout 2013.