Economic Outlook
01.07.2017
Economic Outlook - Second Quarter 2017
In this Economic Outlook:
- Output growth continues, but the recovery is unstable.
- Consumption is growing, pulling imports.
- The pace of imports growth exceeds that of exports growth.
- Monetary policies are getting expansionary.
- The real exchange rate has hit its 5-year low.
- Real wages grow at a low pace, but disposable incomes are still shrinking.