Fig. 4
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 with the nowcasting error correction. (i) The nowcasting error based on the data that are available up to the 1st month of the current quarter. (ii) The nowcasting error based on the data that are available up to the 2nd month of current quarter. (iii) The nowcasting error based on the data that are available up to the 3rd month of current quarter. (iv) The nowcasting error based on the data that are available up to the 1st month of next quarter. (v) The nowcasting error based on the data that are available up to the 2nd month of next quarter