Economic Outlook

12.08.2020

Economic Outlook - First and Second Quarters 2020

In this Economic Outlook:

  • Is curbing consumption a new trend?
  • The monetary policy is easing.
  • The external demand has weakened, but the external equilibrium has been maintained.
  • The corporate debt burden has spiked, the debt quality has deteriorated.
  • A fiscal deficit is emerging.
  • Real wages are growing, but the labor market is choppy.