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Moody: The Turkish economy will be 2 percent lower in 2019



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The international agency of credit institutions Moody Beks is expected to continue to weaken the world of the planned economy by the end of 2020.

A credit rating agency was published in Moody's "2019-2020 Macro Outlook Economic" update report.

"The economy world will continue to weaken at the beginning of 2019 and 2020. The pace of normalization of monetary policy will be reduced by 2019. Economic growth continues to moderate and the balance risks are falling, central banks are wiser," Bloomberg said. I hope to show the approach "were expressed.

It should be noted that Fed has only increased its policy once or twice, not three or four times this year, and expects the European Central Bank (ECB) to increase deposits and refinancing rates for 2020, instead of the second half of this year.

The global economy is diminishing significantly in the last quarter of last year, the report said, and is expected to weaken in 2019 and early 2020.

According to the report, the G-20 economies had an annual growth rate of 3.2%, which grew by 2.9% in the end of this year and grew 2.8% the following year. Growth will slow down to potential levels, "he said.

The economic downturn in China over the next period of the "decades" report has fallen in the lowest period, while in Argentina it has been held in Turkey and the prediction of recession.

According to the report, the risks associated with global growth are falling, the Chinese economy's slower and possible globalization of reflections is likely to tighten the trade tensions and market conditions between the US and China.

According to the report, the US economy will have a 2.5% growth in 2019 and 1.7% in 2020. Eurozone's economic growth is 1.6% in the following year and 1.5% in the coming year. .

According to the report, in Germany, economic growth was 1.5% at the end of 2019 and 1.3% at the end of 2020 and at 6.0% by 2019 and by 2020 in China.

Moody's report also saw a 1.5% decline in the Argentine economy at the end of this year and expected growth of 1.5% the following year.

In the report's economics of the Turkish import progress, the deficit has been largely affected by the party's downward appreciation portion and noted that oil prices are a reflection of the price.

In Turkey, the report states that there is no positive development since the downturn in inflation has shifted last year from October, with the expected decline in inflation declining as demand declined.

In the report, Turkey's policy short-term inflation rate has rapidly led to an unexpected Turkish economic downturn easing 2.0 percent down on end-of-year easing, with a 3 percent growth projection projecting at the end of 2020.


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