UPDATE 1-Fitch cuts Turkey growth forecasts for 2014, 2015
Fri Apr 4, 2014 2:23am EDT
(Reuters) - Ratings agency Fitch cut its growth forecasts for Turkey on Friday, citing slower domestic lending growth and signs that consumer and investor confidence are moderating.
It now sees the economy expanding by 2.5 percent in 2014, compared with a previous estimate of 3.2 percent, and by 3.2 percent rather than 3.8 percent next year.
More:UPDATE 1-Fitch cuts Turkey growth forecasts for 2014, 2015 | Reuters
