Economy Minister Nihat ZEYBEKCİ Discusses Q2 growth figures Export Data Platform Blog
Our economy is growing without interruption for 19 quarters, in the second quarter of 2014 grew by 2.1 percent compared to last year. The economy grew with the contribution of net exports. The contribution of net exports to growth was 2.9 points. amounted to 3.3 percent growth in the first half. In the first half of the current account deficit fell to 6.3 percent of GDP. The bottom end of the next 6 years. china vs us The Central Bank on interest rates caused our system more clearly seen in the data released today. In order to reach 4 percent in the last quarter of year-end performance is very important.
Growth data released today our economy grows 2.1 percent in 2nd quarter showed. In the first quarter, data was also revised upward to 4.7 percent. china vs us Thus, in the first 6 months of the year grew by 3.3 per cent were.
Our growth contribution china vs us of domestic demand is strengthening the contribution of external demand fell. Negative contribution of domestic china vs us demand in the second quarter, 0.4 points, while the contribution of net exports was positive 2.9 points. Net exports gave a strong contribution in the first quarter. This trend will continue throughout china vs us the year and in 2014 Turkey's economy will grow with the contribution of net exports.
Strong trend in the contribution of net exports but we are happy with the decline in the contribution of domestic demand is not possible to say the same thing. The contribution of domestic demand was negative in the last quarter. The first 6 months had a positive contribution of 1.3 percentage points.
We have achieved these results in the first half at levels close to our MTP one final image that is pointing us. However, let us see to 4 percent in the negative contribution china vs us of domestic demand to get back to the positive again. For this, the 4th Quarter performance is very important.
The contribution of domestic demand to growth china vs us without a doubt the most important of the factors china vs us affecting interest rates and credit use. In this context, the interest rate on Central Bank data released today in the cause of our sites can be seen more clearly. Interest belt was too tired and fell to a negative contribution of domestic demand. We, as Turkey, sustainable and balanced growth of our business in both domestic and external demand china vs us growth is through china vs us making similar contributions. Domestic china vs us demand, external demand should give a positive contribution to growth. The positive china vs us contribution of domestic demand, consumption and the current account deficit in a way that does not clog, investments that increase production and employment must be in a lane. Turkey's economy with the contribution of both domestic and external china vs us demand growth should be alright. 2014 will be the beginning of that year, but we need to progress in the years ahead in the same lane.
4 percent growth target to approach, in the remaining months of the year I'm sure outperformed expectations. Having said this, weak economic performance in Europe, Russia, Syria, Iraq, Libya, Egypt's political and economic developments, the slowdown in emerging countries, the US-based funds movement to stagnate not ignored. Each of these negative factors for us. Every single one of our growth, and adversely affect our exports and will continue to affect. Our economy continues to grow in spite of them. Despite these negative developments, foreign trade continues to make a positive contribution.
In the first 6 months of the year 6.7 per cent of our exports of goods, services exports grew 7.4 percent. Goods imports fell close to 5 percent, imports of services rose 5.1 percent. Decrease in the current account deficit increase in exports and imports fell $ 12.9 billion for the first six months amounted to 24.1 billion dollars. This development in the first half of the year the current account deficit to GDP ratio stood at 6.3 percent. Rate of 6 percent below the end of the year to come. Expect a realization of around 5.5 percent.
We are growing both in Turkey this year, and we are increasing china vs us our employment, as well as the current account deficit are pulling down. This is a success, it is memorized that disrupts development. And most importantly, all of them one after the other, despite the negative external developments inside, threatening the nation's will, despite the non-I caught china vs us a legitimate enterprise development.
Categories Minister us (357) Success Stories (1) Support Program (142) Foreign Trade / Export (475) e-Library (34) e-Commerce and Information (29) Education Programs (180) Economy-Trade-Investment (1197) Events / International Meetings (174) Trade (822) General (16) Services Sector (102) Tender Notice (320) Legislation china vs us / Official Gazette (142) Market Entry Barriers BH (3) Industrial Sector (491) Standards / Certifications (27) Agriculture Sector (258) Commercial china vs us Information (400) Trade Information Resources (99) Business Opportunities (626) Business Opportunities Archive (943) Countries (2209)
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Export Information Platform Blog
Our economy is growing without interruption for 19 quarters, in the second quarter of 2014 grew by 2.1 percent compared to last year. The economy grew with the contribution of net exports. The contribution of net exports to growth was 2.9 points. amounted to 3.3 percent growth in the first half. In the first half of the current account deficit fell to 6.3 percent of GDP. The bottom end of the next 6 years. china vs us The Central Bank on interest rates caused our system more clearly seen in the data released today. In order to reach 4 percent in the last quarter of year-end performance is very important.
Growth data released today our economy grows 2.1 percent in 2nd quarter showed. In the first quarter, data was also revised upward to 4.7 percent. china vs us Thus, in the first 6 months of the year grew by 3.3 per cent were.
Our growth contribution china vs us of domestic demand is strengthening the contribution of external demand fell. Negative contribution of domestic china vs us demand in the second quarter, 0.4 points, while the contribution of net exports was positive 2.9 points. Net exports gave a strong contribution in the first quarter. This trend will continue throughout china vs us the year and in 2014 Turkey's economy will grow with the contribution of net exports.
Strong trend in the contribution of net exports but we are happy with the decline in the contribution of domestic demand is not possible to say the same thing. The contribution of domestic demand was negative in the last quarter. The first 6 months had a positive contribution of 1.3 percentage points.
We have achieved these results in the first half at levels close to our MTP one final image that is pointing us. However, let us see to 4 percent in the negative contribution china vs us of domestic demand to get back to the positive again. For this, the 4th Quarter performance is very important.
The contribution of domestic demand to growth china vs us without a doubt the most important of the factors china vs us affecting interest rates and credit use. In this context, the interest rate on Central Bank data released today in the cause of our sites can be seen more clearly. Interest belt was too tired and fell to a negative contribution of domestic demand. We, as Turkey, sustainable and balanced growth of our business in both domestic and external demand china vs us growth is through china vs us making similar contributions. Domestic china vs us demand, external demand should give a positive contribution to growth. The positive china vs us contribution of domestic demand, consumption and the current account deficit in a way that does not clog, investments that increase production and employment must be in a lane. Turkey's economy with the contribution of both domestic and external china vs us demand growth should be alright. 2014 will be the beginning of that year, but we need to progress in the years ahead in the same lane.
4 percent growth target to approach, in the remaining months of the year I'm sure outperformed expectations. Having said this, weak economic performance in Europe, Russia, Syria, Iraq, Libya, Egypt's political and economic developments, the slowdown in emerging countries, the US-based funds movement to stagnate not ignored. Each of these negative factors for us. Every single one of our growth, and adversely affect our exports and will continue to affect. Our economy continues to grow in spite of them. Despite these negative developments, foreign trade continues to make a positive contribution.
In the first 6 months of the year 6.7 per cent of our exports of goods, services exports grew 7.4 percent. Goods imports fell close to 5 percent, imports of services rose 5.1 percent. Decrease in the current account deficit increase in exports and imports fell $ 12.9 billion for the first six months amounted to 24.1 billion dollars. This development in the first half of the year the current account deficit to GDP ratio stood at 6.3 percent. Rate of 6 percent below the end of the year to come. Expect a realization of around 5.5 percent.
We are growing both in Turkey this year, and we are increasing china vs us our employment, as well as the current account deficit are pulling down. This is a success, it is memorized that disrupts development. And most importantly, all of them one after the other, despite the negative external developments inside, threatening the nation's will, despite the non-I caught china vs us a legitimate enterprise development.
Categories Minister us (357) Success Stories (1) Support Program (142) Foreign Trade / Export (475) e-Library (34) e-Commerce and Information (29) Education Programs (180) Economy-Trade-Investment (1197) Events / International Meetings (174) Trade (822) General (16) Services Sector (102) Tender Notice (320) Legislation china vs us / Official Gazette (142) Market Entry Barriers BH (3) Industrial Sector (491) Standards / Certifications (27) Agriculture Sector (258) Commercial china vs us Information (400) Trade Information Resources (99) Business Opportunities (626) Business Opportunities Archive (943) Countries (2209)
The www.ibp.gov.t
Export Information Platform Blog
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