IMF revises 2011 Turkey growth forecast down to 6.6 pct
The International Monetary Fund (IMF) has revised its forecast for Turkey's 2011 gross domestic product growth (GDP) to 6.6 percent, the World Economic Outlook report said on Tuesday, down from a forecast of 8.7 percent in July.
It also revised its 2012 growth forecast down to 2.2 percent from a July forecast of 2.5 percent.
Its forecasts for Turkish consumer price inflation were revised up to 6 percent from 5.5 percent this year and up to 6.9 percent from 6.4 percent in 2012.
The current account deficit-to-GDP ratio forecast was revised down to 10.3 percent from 10.5 percent this year and down to 7.4 percent from 9.8 percent in 2012.
Its forecasts for Turkish consumer price inflation were revised up to 6 percent from 5.5 percent this year and up to 6.9 percent from 6.4 percent in 2012.
The current account deficit-to-GDP ratio forecast was revised down to 10.3 percent from 10.5 percent this year and down to 7.4 percent from 9.8 percent in 2012.
Last Update: September 21, 2011 12:09