EMIS PERSPECTIVES

Selected news and insights from emerging markets.

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IMF cuts GDP growth forecast for Tunisia for 2019 to 2%
Revision explained with increased risks to the country’s economic outlook 23 Jul
House sales in Turkey drop 48.6% y/y in June
Total of 61,355 units sold last month 23 Jul
UAE’s Mashreq sees net profit rise 5.2% y/y in H1 2019
Group remains focused on transformation 22 Jul
Mercosur-EU trade deal to boost Paraguay’s GDP by 1% annually
The country will benefit the most from the agreement, the BCP said 22 Jul
Argentina’s metallurgical industry falls 7.3% y/y in May
It used only 51.1% of its installed output capacity 22 Jul
China’s steel exports drop 23.6% y/y in June
Exports keep downward trend for third month in row 22 Jul
BBVA sees Peruvian economy growing 4% in H2
Mining investment will jump 20% this year, the bank added 19 Jul
EBRD provides EUR 1.5bn for new investments in Egypt in 2019
Since 2012, Bank invests over EUR 5bn in the country 19 Jul
ADB lowers Thailand’s GDP growth for 2019 to 3.5%
Revision explained with slowdown of exports in Q1 19 Jul
WB downgrades Ivory Coast’s GDP growth for 2019 to 7.2%
Forecast down from previous estimate of 7.4% 19 Jul
Poland’s avg corporate gross wage grows 5.3% y/y in June
Corporate employment rises 2.8% y/y 18 Jul

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