GDP and inflation figures released out of Turkey this week provided familiar signs that growth is increasingly unbalanced and we think that the central bank will ultimately be forced to reverse its easing cycle later next year. Meanwhile, demand for Hungary’s new “super government bond” has been strong but it hasn’t resulted in the rise in household savings that many had expected and we think that its potential dampening effect on consumption is overstated.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services