FOREX TradingCharts.com

Financial News: Turkey Current Account Deficit Narrows In November

Turkey Current Account Deficit Narrows In November

01/11/2022 - 06:25:00 (RTTNews)

(RTTNews) - Turkey's current account deficit narrowed in November from the last year, data from the central bank revealed on Tuesday.

The current account deficit narrowed to $2.68 billion in November from $3.54 billion in the same period last year. The current account balance had posted a surplus of $3.14 billion in October.

The annual decrease in shortfall was mainly driven by the net inflow of $1.9 billion in services item, increasing by $794 million from the previous year and the net outflow of $3.475 billion in the goods item, down by $385 million.

Under services, travel item recorded a net inflow of $1.55 billion, up by $712 million compared to the same month of the previous year.

Primary income outflow increased by $5 million on net basis in December. Secondary income item recorded $136 million net outflow, against an inflow of $172 million compared to the same month of the previous year.

The financial account showed a deficit of $1.05 billion in November.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Govt Borrowings Stay Below OBR Forecast (01 hr(s), 49 min(s), 16 sec(s) ago)
(RTTNews) - The UK government borrowing remained below the forecast of the Office for Budget Respo ...Full Story»

Hungary Average Gross Wages Increase In November (03 hr(s), 13 min(s), 16 sec(s) ago)
(RTTNews) - Hungary's average gross earning growth accelerated in November, figures from the H ...Full Story»

Turkish Manufacturing Capacity Utilization Declines In January (03 hr(s), 14 min(s), 16 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization rate decreased in January, figures fro ...Full Story»

UK Manufacturers Expect Order Growth To Slow: CBI (03 hr(s), 25 min(s), 16 sec(s) ago)
(RTTNews) - The UK manufacturers expect total new order growth to slow in coming three months, ref ...Full Story»

Spain Producer Price Inflation At Record High (03 hr(s), 45 min(s), 16 sec(s) ago)
(RTTNews) - Spain's producer price inflation accelerated for an eleventh month in December to ...Full Story»

Lithuania Industrial Production Rises In December (04 hr(s), 04 min(s), 16 sec(s) ago)
(RTTNews) - Lithuania's industrial production increased in December, figures from Statistics L ...Full Story»

Germany Ifo Business Confidence Strengthens In January (04 hr(s), 30 min(s), 16 sec(s) ago)
(RTTNews) - German business confidence improved at the start of the year as companies expect the d ...Full Story»

Finland Jobless Rate Falls In December (06 hr(s), 05 min(s), 16 sec(s) ago)
(RTTNews) - Finland's jobless rate declined in December, figures from Statistics Finland showe ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Govt Borrowings Stay Below OBR Forecast

01/25/2022 - 08:06 AM (RTTNews)
(RTTNews) - The UK government borrowing remained below the forecast of the Office for Budget Respo ...Full Story>>

Hungary Average Gross Wages Increase In November

01/25/2022 - 06:42 AM (RTTNews)
(RTTNews) - Hungary's average gross earning growth accelerated in November, figures from the H ...Full Story>>

Turkish Manufacturing Capacity Utilization Declines In January

01/25/2022 - 06:41 AM (RTTNews)
(RTTNews) - Turkey's manufacturing capacity utilization rate decreased in January, figures fro ...Full Story>>

UK Manufacturers Expect Order Growth To Slow: CBI

01/25/2022 - 06:30 AM (RTTNews)
(RTTNews) - The UK manufacturers expect total new order growth to slow in coming three months, ref ...Full Story>>

Spain Producer Price Inflation At Record High

01/25/2022 - 06:10 AM (RTTNews)
(RTTNews) - Spain's producer price inflation accelerated for an eleventh month in December to ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.