POSITIVE NET EXPORT AND NEGATIVE INVESTMENTS CONTRIBUTIONS TO GDP GROWTH
Ozan Bakış and Hamza Mutluay
In the second quarter of 2019, according to seasonally and calendar day adjusted data, Gross Domestic Product (GDP) increased by 1.2 percent compared to the previous quarter, yet decreased by 1.5 percent compared to the same quarter of last year. The greatest negative impact on the annually economic growth comes from investments, for which the contribution to GDP growth was minus 7,3 percentage points. The contribution of net exports to growth continues: while the contribution of exports was 2,2 percentage point, imports contribution was 5,2 as imports continue to decline.