Fig. 2

GDP y–o-y growth rate and the relative y–o-y nowcasting errors, \(\left({\widehat{Y}}_{q}^{\left(0\right)}-{Y}_{q}^{\left(0\right)}\right)/{Y}_{q-4}^{\left(0\right)}\) of the disaggregated Midas model. (i) The nowcasting error based on the data that are available up to 1st month of current quarter. (ii) The nowcasting error based on the data that are available up to 2nd month of the current quarter. (iii) The nowcasting error based on the data that are available up to 3rd month of the current quarter. (iv) The nowcasting error based on the data that are available up to 1st month of the next quarter. (v) The nowcasting error based on the data that are available up to 2nd month of the next quarter