FOREX TradingCharts.com

Financial News: Turkey Current Account Deficit Narrows Slightly

Turkey Current Account Deficit Narrows Slightly

05/13/2025 - 05:01:00 (RTTNews)

(RTTNews) - Turkey's current account deficit decreased marginally in March from a year ago, according to data published by the Central Bank of the Republic of Turkey on Tuesday.

The current account shortfall dropped to $4.087 billion from $4.123 billion in the corresponding month last year.

The current account, excluding gold and energy, indicated a net surplus of $1.47 billion in March.

The deficit on trade in goods totalled $4.84 billion, down from the $5.04 billion shortfall a month ago, as exports grew faster than imports. Meanwhile, the surplus on services trade shrank to $2.67 billion from $2.74 billion.

Primary income showed a shortfall of $1.9 billion, widened from the previous year's $1.63 billion deficit. At the same time, the secondary income showed a shortfall of $19.0 million versus a $206 million deficit last year.

According to annualized data, the current account deficit was recorded as $12.6 billion in March, while the goods deficit was recorded as $58.1 billion

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Construction Spending Unexpectedly Falls 0.4% In April (04 hr(s), 34 min(s), 02 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Monday unexpectedly showed a continued ...Full Story»

U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May (05 hr(s), 16 min(s), 02 sec(s) ago)
(RTTNews) - A reading on U.S. manufacturing activity unexpectedly edged slightly lower in the mont ...Full Story»

Cyprus Retail Sales Growth Remains Strong In April (05 hr(s), 40 min(s), 02 sec(s) ago)
(RTTNews) - Retail sales in Cyprus continued to growth at a robust pace in April, albeit some easi ...Full Story»

Brazil Factory Activity Contracts In May (05 hr(s), 57 min(s), 02 sec(s) ago)
(RTTNews) - The Brazilian manufacturing economy deteriorated for the first time in more than two y ...Full Story»

UK Manufacturing Sector Shrinks Sharply (06 hr(s), 30 min(s), 02 sec(s) ago)
(RTTNews) - The UK factory sector shrank further in May as the weak global demand, trade tensions ...Full Story»

Greece Manufacturing Growth Remains Stable In May (06 hr(s), 40 min(s), 02 sec(s) ago)
(RTTNews) - Greece's manufacturing activity logged a further solid improvement in May amid str ...Full Story»

Eurozone Manufacturing Activity Contraction Slows (06 hr(s), 46 min(s), 02 sec(s) ago)
(RTTNews) - Euro area factory activity fell at the slowest pace in more than two years in May, sig ...Full Story»

Hong Kong Retail Sales Fall 2.3% (07 hr(s), 23 min(s), 02 sec(s) ago)
(RTTNews) - Hong Kong's retail sales value declined at a slower pace in April, preliminary dat ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Construction Spending Unexpectedly Falls 0.4% In April

06/02/2025 - 11:50 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Monday unexpectedly showed a continued ...Full Story>>

U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May

06/02/2025 - 11:08 AM (RTTNews)
(RTTNews) - A reading on U.S. manufacturing activity unexpectedly edged slightly lower in the mont ...Full Story>>

Cyprus Retail Sales Growth Remains Strong In April

06/02/2025 - 10:44 AM (RTTNews)
(RTTNews) - Retail sales in Cyprus continued to growth at a robust pace in April, albeit some easi ...Full Story>>

Brazil Factory Activity Contracts In May

06/02/2025 - 10:27 AM (RTTNews)
(RTTNews) - The Brazilian manufacturing economy deteriorated for the first time in more than two y ...Full Story>>

UK Manufacturing Sector Shrinks Sharply

06/02/2025 - 09:54 AM (RTTNews)
(RTTNews) - The UK factory sector shrank further in May as the weak global demand, trade tensions ...Full Story>>

Do not sell my personal information

Copyright © 2025. 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.