ANKARA， Sept. 9 (Xinhua) -- Turkey's gross domestic product (GDP) expanded by 3.1 percent in the second quarter of 2016 year on year， slower than the first quarter， according to a statement by the Turkish Statistical Institute on Friday.
The Q2 GDP totalled 33.06 billion lira (11.4 U.S. billion dollars)， up 3.1 percent from the previous year but lower than the previous forecast of around 3.4 percent.
The statement showed that the Q1 GDP was downgraded 0.1 percentage point to 4.7 percent from the previously announced 4.8 percent.
Following the release of Q1 figures， many economists agreed that the following quarterly growth rates will stand at around 3 percent， taking into account possible fluctuations in the overall framework， Turkish Daily Sabah added.
The institute attributed the slowdown to the decline in industrial investments and foreign demand， but stressed the economy has maintained its momentum according to constant prices， which excludes the effect of inflation.
Deputy Prime Minister Mehmet Simsek said in a written statement on Friday that economic growth maintained a level of 3.9 percent in the first half of 2016， despite the ongoing geopolitical tensions and weakening global economy.
He said Turkish economy has managed to achieve domestic demand-intensive growth since the last quarter of 2014 due to a low global trade volume and low demand from commercial partners.
Due to weak machinery and equipment investment， private sector made a negative contribution in the second quarter despite the positive performance of construction investment.
Turkish government announced in January the Turkey's Medium-Term Economic Plan (MEP)， in which the government predicts that the year-end GDP will increase by 4.5 percent in 2016， and by 5 percent for 2017 and 2018， respectively.
Customers of all types are finding that UGG shoes have something to offer just about everybody. What's interesting concerning this company may be the way they've managed to not only survive but expand during the last few decades Cowboys Xavier Woods Jersey , regardless of economic conditions. UGG has done an excellent job at marketing itself being a cool and fashionable brand, even though its original customers were mainly those who wanted sturdy boots for your outdoors. The following are merely a sampling of what UGG provides right this moment.
UGG shoes have pleasure inside a gradually developing their name as time passes. While no person contradicted how the company constructed snug footwear developed away from elite material, at the start they weren't thought to be very modish. To begin with Cowboys Jourdan Lewis Jersey , there was clearly tittle-tattle that UGG was the Australian slang for "ugly". Even now, no-one knows without a doubt what sort of name came into being. Another hypothesis is that it is assigned to the term "hug", since this is their business for a feet. However through the years Cowboys Chidobe Awuzie Jersey , if the company augmented the quantity of styles as well as the public became more mindful of comfort, the brand also increased inside their standing. For one thing, they have been listed among "Oprah's Favorite Things" half a dozen times Cowboys Taco Charlton Jersey , and this alone is sufficient to turn something into something profitable.
Due to the quality of materials accustomed to make UGG shoes, they aren't the lowest priced you'll find. This footwear are made to be long lasting and good for you, which is the reason a lot of people consider them an incredible value. While these shoes don't require significant amounts of maintenance Cowboys Connor Williams Jersey , they certainly require some basic care. Keep your shoes free from excessive dirt or foreign particles by wiping them a lint free towel or brushing them regularly. For those who have any Uggs, you might will also get the UGG Care Kit, that contains a custom formula to scrub sheepskin boots with Cowboys Leighton Vander Esch Jersey , and a brush. Whenever you purchase any kind of UGG footwear, you need to keep to the particular recommendations for that product, to make sure you know how to maintain it properly.
Despite the fact that UGG makes a selection of footwear Cowboys Dak Prescott Jersey , they're going to often be most widely known for their sheepskin boots. Whether you are looking for outdoor or fashion boots, for males or women, UGG makes a great deal of styles. While UGG established fact to create warm and outdoorsy boots Cowboys Ezekiel Elliott Jersey , they also make ones that are trendy and fashion conscious, like the Classic Short Sparkles for females. Not many are conscious UGG also makes quality boots for guys as well as women. It is difficult to compete with the sheepskin insoles that UGG uses in most its boots, as this produces a snug fit and finished support it doesn't matter what the stipulations or weather.
The UGG Australia label of shoes offers a distinctive distinct footwear that many everyone has come to appreciate. UGG makes sneakers for all which aren't only practical and made to last Women's Chaz Green Jersey , but stylish and contemporary at the same time. The above mentioned are only a few of the p