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Economic Outlook EMEA Emerging Markets Q4 2021: Higher Inflation Persists Amid A Stronger Rebound

Sept. 27, 2021

In EMEA, emerging economies have surprised again with stronger-than-expected growth numbers, primarily stemming from higher consumption and exports. Available indicators suggest that GDP growth in the region for the full year will be higher than our June predictions. We have raised our 2021 GDP growth forecasts for Poland (5.1%), Russia (4.0%), South Africa (4.6%), and Turkey (8.6%).

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