A research produced by
Following the subdued 2012 H2, Q1 surprised on the upside with growth of 1.6% q/q. A continued recovery has been indicated by robust imports in April and a pick-up in bank lending in May, which have however contributed to a significant widening of the trade deficit. Recent anti-government protests are not expected to have a lasting impact beyond H2 of 2013.
Source : Cushman & Wakefield
