Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου: Δισεβδομαδιαία Επισκόπηση 4 - 17 Φεβρουαρίου 2025

TÜRKIYE
Easing inflation allows the CBRT to continue easing its stance, albeit cautiously
Yet, the impact of past monetary policy tightening will continue to feed through the economy for much longer, steering the latter towards  a soft landing

SERBIA
Political uncertainty deepens after the resignation of PM M. Vučević, but President Vučić’s SNS partly is unlikely to leave office
Policy continuity and robust economic growth remain our baseline scenario 
Serbia’s EU accession path is at a crucial crossroad

EGYPT
GDP growth is expected to bounce back to 4.0% in FY:24/25 (ending June ‘25) on improved confidence and strengthening real incomes, after bottoming out at 2.4% in FY:23/24
The consolidation of inflation at lower levels should allow the CBE to embark on a monetary easing cycle soon



APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT:  
        MACROECONOMIC INDICATORS
        FINANCIAL MARKETS