BRIEFING ON 2021-1
INFLATION REPORT
Naci Ağbal
Governor
28 January 2021 Ankara
Outline
Macroeconomic Outlook
The Determinants of Inflation
Medium Term Projections and Risks
Monetary Policy Strategy
MACROECONOMIC OUTLOOK
Global Growth
Growth Rates* (Annual, %) | PMI (Seasonally Adjusted, Quarterly Change, |
Point)
Emerging Economies | |||||
Advanced Economies | 2020-Q2 | 2020-Q4 | |||
Global GDP | 12 | 4 | |||
8 | 0 | ||||
-4 | |||||
4 | -8 | ||||
0 | -12 | ||||
-16 | |||||
-4 | Manufacturing | Services | Manufacturing | Services | |
-8 | |||||
1234123412341234123412341234123412341234123 | -12 | Eurozone | Global (Excluding | ||
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20 | Eurozone) |
Sources: Bloomberg, CBRT | Last Observation: 2020 Q3 | Source: IHS Markit | Last Observation: December 2020 |
* Advanced Economies: USA, Euro Area, Japan, UK, Canada, South Korea, Sweden, Switzerland, Norway, Denmark, Israel. | 4 | ||
Developing Economies: China, Brazil, India, Mexico, Russia, Turkey, Poland, Indonesia, South Africa, Argentina, Thailand, Malaysia, Czechia, Colombia, |
Hungary, Romania, Philippines, Ukraine, Chile, Peru, Morocco.
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Central Bank of the Republic of Turkey published this content on 28 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2021 08:23:08 UTC.
