{"id":25828,"date":"2017-02-28T20:15:07","date_gmt":"2017-02-28T20:15:07","guid":{"rendered":"http:\/\/fdcng.com\/?p=25828"},"modified":"2017-03-06T20:15:48","modified_gmt":"2017-03-06T20:15:48","slug":"fdc-economic-bulletin-february-28-2017-re-gdp-growth-rate-indicates-a-point-of-inflection","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-february-28-2017-re-gdp-growth-rate-indicates-a-point-of-inflection\/","title":{"rendered":"FDC ECONOMIC BULLETIN &#8211; FEBRUARY 28, 2017 (Re: GDP growth rate indicates a point of inflection)"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]Delayed stimulus package, budget squabbles, lower oil output and foreign exchange strictures have taken their toll on Nigeria\u2019s annual GDP which contracted -1.51%. The Q4\u201916 GDP numbers were better than expected at -1.3%.<\/p>\n<p>Going forward, we expect forex rate convergence, power output increase, targeted government spending and social intervention to have an impact on Q1\/Q2\u201917 GDP growth. The next MPC meeting in March could see the CBN take a more decisive step towards an accommodative stance following an improved (although still negative) GDP growth rate and a possible decline in headline inflation[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"gem-button-container gem-button-position-inline\"><a class=\"gem-button gem-button-size-small gem-button-style-flat gem-button-text-weight-normal\" style=\"border-radius: 3px;background-color: #ddbd89;color: #ffffff;\" onmouseleave=\"this.style.backgroundColor='#ddbd89';this.style.color='#ffffff';\" onmouseenter=\"this.style.backgroundColor='#ddccaa';this.style.color='#000000';\" href=\"http:\/\/fdcng.com\/wp-content\/uploads\/2017\/03\/FDC-Economic-Bulletin-February-28-2017.pdf\" target=\"_blank\">DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]Delayed stimulus package, budget squabbles, lower oil output and foreign exchange strictures have taken their toll on Nigeria\u2019s annual GDP&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25828"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=25828"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25828\/revisions"}],"predecessor-version":[{"id":25829,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25828\/revisions\/25829"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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