Key events in EMEA and Latam next week
EMEA and Latam's two-week bumper calendar sees a raft of trade and manufacturing data releases amongst some key confidence indicators. Here we should gain some insight into economic momentum as we head into 2019
Turkey: Disinflation pause early 2019, but don't expect it to last
Following a sharp drop in inflation in November on the back of a stronger lira, tax cuts and lower food inflation, we expect another benign reading in December at 0.4% month-on-month.
This will pull the annual figure further down to 21.3%. However, we’re likely to see a pause in the disinflation trend in early 2019, given the impact of the reversal in temporary tax cuts and unfavourable base effects - though inflation will probably begin to fall more rapidly in the second half of the year.
EMEA and Latam Economic Calendar
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Download article21 December 2018
Our view on next week’s key events This bundle contains {bundle_entries}{/bundle_entries} articlesThis publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more