The Outlook for Major Emerging Markets in 2016
Looking at the world’s largest emerging markets we see a mixed bag of performances in 2016, with Russia and Latin American economies struggling, whereas India will see strong growth. Looking at the current account in the 7 largest markets – an important indicator in view of possible tightening in developed economies – most economies will see a negligible improvement, or indeed a deterioration. Turkey and Brazil are in the weakest position. Looking at inflationary pressures, rates will remain high in Brazil, Russia, India and Turkey – although Russia will see its rate almost half.
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