Turkey's current account deficit continues to increase
The Central Bank has announced a current account deficit of 5.15 billion dollars for February.
Photo: disticaretajansi.com
Click to read the article in Turkish
Turkey's current account balance registered a 5.15 billion US dollars deficit in February, widening 2.71 billion dollars year-on-year, according to Central Bank data released today (April 11).
The bank said the country's 12-month rolling deficit stood at 21.84 billion dollars in February.
Goods trade deficit rose 3.9 billion dollars annually to reach 6 billion dollars.
The services item showed a net surplus of 1.61 billion dollars, increasing 874 million dollar year-on-year.
The gold- and energy-excluded current account posted a 2.17 billion dollar surplus in February, up from a surplus of 624 million dollars the same month of last year. (HA/VK)
related news
