{"id":7797,"date":"2018-11-05T09:05:48","date_gmt":"2018-11-05T07:05:48","guid":{"rendered":"https:\/\/betam.bahcesehir.edu.tr\/?p=7797"},"modified":"2018-11-05T09:05:48","modified_gmt":"2018-11-05T07:05:48","slug":"economic-growth-and-forecasts-august-2018","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2018\/11\/economic-growth-and-forecasts-august-2018\/","title":{"rendered":"Economic Growth and Forecasts: August 2018"},"content":{"rendered":"<p><strong>The high growth despite the negative outlook<\/strong><\/p>\n<p><strong>Ozan Bak\u0131\u015f and Yazg\u0131 Gen\u00e7<\/strong><\/p>\n<p>In the light of fully-released April, May and June leading indicators,\u00a0our estimate for the year-on-year GDP growth is 6.2 percent in the second\u00a0quarter of 2018. Accordingly, seasonally and calendar day adjusted\u00a0quarter-on-quarter growth rate is expected to be 0.9 percent in the second\u00a0quarter of 2018 compared to the previous quarter. We revised our\u00a0estimate for year-on-year and quarter-on-quarter growth rate down. The\u00a0main reason behind this revision is lower-than-expected leading indicators\u00a0in June or even diminishing some. Almost all seasonally and calendar\u00a0day adjusted consumption and investment leading indicators point\u00a0out that quarter-on-quarter growth rate will be low. This case implies a\u00a0pessimistic scenario for our third quarter growth forecasts that we will\u00a0publish at the end of the September.<\/p>\n<p><em><strong>pdf.\u00a0<a href=\"https:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/11\/EconomicGrowthForecasts2018M08.pdf\">EconomicGrowthForecasts2018M08<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The high growth despite the negative outlook Ozan Bak\u0131\u015f and Yazg\u0131 Gen\u00e7 In the light of fully-released April, May and June leading indicators,\u00a0our estimate for the year-on-year GDP growth is 6.2 percent in the second\u00a0quarter of 2018. Accordingly, seasonally and calendar day adjusted\u00a0quarter-on-quarter growth rate is expected to be 0.9 percent in the second\u00a0quarter of [&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],"tags":[],"class_list":["post-7797","post","type-post","status-publish","format-standard","hentry","category-economic-growth-and-forecasts","category-economic-research"],"_links":{"self":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7797","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=7797"}],"version-history":[{"count":3,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7797\/revisions"}],"predecessor-version":[{"id":7802,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7797\/revisions\/7802"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=7797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=7797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=7797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}