{"id":7146,"date":"2017-11-24T13:19:09","date_gmt":"2017-11-24T11:19:09","guid":{"rendered":"http:\/\/betam.bahcesehir.edu.tr\/?p=7146\/"},"modified":"2017-12-05T13:24:23","modified_gmt":"2017-12-05T11:24:23","slug":"economic-growth-and-forecasts-november-2017","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2017\/11\/economic-growth-and-forecasts-november-2017\/","title":{"rendered":"Economic Growth and Forecasts: November 2017"},"content":{"rendered":"<p><strong>Remarkable Growth in the Third Quarter<\/strong><\/p>\n<p><strong>Ozan Bak\u0131\u015f and Mine Durmaz Aslan<\/strong><\/p>\n<p>As we see in print and visual media, the expectations for the third quarter\u00a0GDP growth are high. As we mentioned in our previous brief, several\u00a0institutions, especially IMF and World Bank, revised their growth forecasts\u00a0upwards. We, Betam, already published high forecasts for the GDP\u00a0growth in first two quarters of 2017. Using the most recent data we predict\u00a0that this high GDP growth is likely to continue in the third quarter\u00a0as well. Using fully-released July, August and September series, we keep\u00a0the quarter-on-quarter growth rate forecast at the level of 1.8 percent and\u00a0revise the year-on-year growth rate forecast upward to 7.6 percent. The\u00a0reason behind the upward revision in the quarter-on-quarter growth rate\u00a0forecast is the production of durable consumption goods and commercial\u00a0credits are higher in the month of September than we expected.<\/p>\n<p><em><strong>pdf.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2017\/12\/EconomicOutlook2017M11.pdf\">EconomicOutlook2017M11<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remarkable Growth in the Third Quarter Ozan Bak\u0131\u015f and Mine Durmaz Aslan As we see in print and visual media, the expectations for the third quarter\u00a0GDP growth are high. As we mentioned in our previous brief, several\u00a0institutions, especially IMF and World Bank, revised their growth forecasts\u00a0upwards. We, Betam, already published high forecasts for the GDP\u00a0growth [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[283,275,278],"tags":[],"class_list":["post-7146","post","type-post","status-publish","format-standard","hentry","category-economic-growth-and-forecasts","category-economic-research","category-publications"],"_links":{"self":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/comments?post=7146"}],"version-history":[{"count":3,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7146\/revisions"}],"predecessor-version":[{"id":7150,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7146\/revisions\/7150"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=7146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=7146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=7146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}