bonus veren siteler dinamobet
hilbet mariobet
guvenilir casino siteleri
süpertotobet rekorbet
betvole betlike
venüsbet megapari
megapari astekbet atlantisbahis betcobahis betpas egobet mrcasino
lordspalacebet fenomenbet betvole betebet
ensobet
bedava bahis
betmatik freybet gencobahis lordspalacebet markabet megapari

Economic Growth and Forecasts: May 2020

Strong Growth in the First Quarter

Ozan Bakış and Gökhan Dilek

In the light of fully-released January, February, and March leading indicators, we expect year-on-year GDP growth to be 6,7 percent for the first quarter of 2020. According to seasonal and calendar adjusted data, we forecast quarter-on-quarter GDP growth as 1.3 percent for the first quarter.

There are two main reasons for this relatively high growth estimate. Firstly, there is a strong base effect: in the first quarter of 2019 the year-on-year growth rate was minus 2.3 percent. Secondly, the effects of Covid-19 are limited in the first quarter of 2020 because the pandemic impacts the economy in March.

We expect the growth estimate of the next month to be lower be- cause of similar two reasons. In the second quarter of 2019 year-on-year growth was minus 1.6 percent indicating a lower base effect for the same quarter of 2020. Secondly, the Covid-19 is in effect through the entire second quarter.

pdf. EconomicGrowth Forecasts2020M5

escort maltepe escort pendik escort mersin porno izle porno seks hikayeleri mersin escort bayan escort bodrum