Emerging Markets: Growth expected to remain robust, though moderate to more sustainable rates
Emerging Markets: Growth expected to remain robust, though moderate to more sustainable rates
Global & Regional Focus Notes
10 Οκτωβρίου 2011
• Economic sentiment indicators across all emerging market regions point to further weakness in the remainder of 2011.
• Inflation in most emerging markets is expected to come down only gradually, given that there are still risks of second-round effects from past food and energy hikes and spill over of still high producer prices into core inflation.
• The emerging market policy tightening cycle has likely reached its peak, easing some of the headwinds that interest rate hikes brought to real incomes and private consumption.
• We believe that most emerging economies are well-positioned to withstand deepening turbulence in the global economy and growth is expected to remain robust, despite the ongoing slowdown.
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