wiiw Forecast Reports

Business cycle monitor: Overheating concern abate


Alexandra Bykova and Richard Grieveson

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 45-47

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Overheating concerns have abated since the Spring, reflecting strong policy responses in Turkey (monetary) and Romania (fiscal). Across the region, potential overheating is most evident in tight labour markets, higher external debt, elevated property prices, and negative real interest rates.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database