LONDON, May 1 (Reuters) - Investment bank JPMorgan cut
its forecast for Turkey's 2026 economic growth to 3.4%, from
4.0%, on Friday due to the impact of the ongoing Middle East
conflict.
The bank's analysts said indicators now pointed to a "broad
softening in activity" since the onset of the war in late
February, with the "real sector" confidence index declining
sharply alongside a weakening of consumer confidence.
The bank's new growth forecast is in line with the latest
International Monetary Fund projection published last month.