Exporters predict a decrease in the second quarter
by Daily Sabah
ISTANBULApr 13, 2015 - 12:00 am GMT+3
by Daily Sabah
Apr 13, 2015 12:00 am
The Export Expectation Index decreased by 2.8 points in the second quarter of 2015 compared to the first quarter, dropping from 108.5 points to 105.7 points, according to the results of an Economy Ministry survey. The Economy Ministry's foreign trade expectations survey for the second quarter of 2015 has been announced. Accordingly, export expectations have decreased in the second quarter of 2015 compared to the first quarter. The Export Expectation Index dropped to 105.7 points, marking a 2.8-point decrease compared to the first quarter. When asked about expected export and import orders for the next three months and about the present registered export orders, survey respondents expected an increase in export orders, while the question about the last three months' export orders caused a decrease in the index. Additionally, the dispersion indexes about all questions were realized at lower points than the same period last year. Thus, in the second quarter of 2015, the Export Expectation Index fell 11 points below the index of the same period of 2014. According to the survey, in the second quarter of 2015, the Import Expectation Index sat at 96 points, decreasing by 8.2 points when compared to the 104.3 point-figure in first quarter. The respondents' answers to the questions about import expectations and unit import price forecasts for the next three months and import orders for the last three months created a decline in the index as well, while the answers given to the question about the current import orders caused an increase. The diffusion indexes about unit import prices, import expectations for the next three years and import orders for the last three years stand at lower points than the same period last year, while the diffusion index on existing import orders has been realized at higher points than the same period last year. Thus, the Import Expectation Index fell 8.1 points below the index compared to the same period last year. In the first three months of 2015, exports amounted to $35.816 billion, a 6.8 percent decrease. Meanwhile, 12-month period exports remained the same compared to the previous year at $153.309 billion.
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