{"id":7320,"date":"2018-03-06T10:19:15","date_gmt":"2018-03-06T08:19:15","guid":{"rendered":"http:\/\/betam.bahcesehir.edu.tr\/?p=7320\/"},"modified":"2018-03-06T10:19:15","modified_gmt":"2018-03-06T08:19:15","slug":"economic-growth-and-forecasts-february-2018","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2018\/03\/economic-growth-and-forecasts-february-2018\/","title":{"rendered":"Economic Growth and Forecasts: February 2018"},"content":{"rendered":"<p><strong>High Growth in the Last Quarter<\/strong><br \/>\n<strong>Ozan Bak\u0131\u015f and U\u011furcan Acar<\/strong><\/p>\n<p>The growth rates in the first two quarters of 2017 (yearly growth rates)\u00a0were 5.3 percent and 5.4 percent respectively and the third quarter\u2019s\u00a0growth rate has set a record with 11.1 percent. There has been a consensus\u00a0that the growth of 2017 would be high but the actual question is how\u00a0much high growth will it be? For example, will it exceed 7 percent?<br \/>\nIn the light of fully-released October, November and December leading\u00a0indicators, comparing to the same quarter of the previous year we estimate\u00a0the fourth quarter growth of 2017 at 7.6 percent. We find that this high\u00a0growth is particularly driven by consumption and investment. When we\u00a0look at the seasonally and calendar day adjusted data, quarter-on-quarter\u00a0growth rate is expected to be 1.8. We expect the annual growth rate of\u00a0GDP to exceed 7 percent.<\/p>\n<p><em><strong>pdf.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/03\/EconomicGrowthForecasts2018M02.pdf\">EconomicGrowthForecasts2018M02<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>High Growth in the Last Quarter Ozan Bak\u0131\u015f and U\u011furcan Acar The growth rates in the first two quarters of 2017 (yearly growth rates)\u00a0were 5.3 percent and 5.4 percent respectively and the third quarter\u2019s\u00a0growth rate has set a record with 11.1 percent. There has been a consensus\u00a0that the growth of 2017 would be high but [&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-7320","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\/7320","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=7320"}],"version-history":[{"count":2,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7320\/revisions"}],"predecessor-version":[{"id":7323,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7320\/revisions\/7323"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=7320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=7320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=7320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}