empty
 
 

2021.09.1309:52:00UTC+00Turkey Current Account Deficit Narrows In July

Turkey's current account deficit narrowed in July, data from the central bank showed on Monday.

The current account deficit decreased to $683 million in July from $1.122 billion in June. Economists had forecast a deficit of $0.57 billion.

The goods trade deficit increased to $2.984 billion in July, while the services surplus rose to $2.948 billion.

Gold and energy excluded current account indicated $2.749 billion surplus, which was observed as $1.924 billion surplus in the same month of the previous year.

Under services, travel item recorded a net inflow of $2.118 billion in July.

The primary income account posted a net outflow of $702 million in July, while the secondary income account surplus was $55.00 million.

The capital account deficit was $19.0 million in July. The financial account registered a deficit of $4.884 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback