403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Türkiye Records USD1.1 Billion Current Account Surplus
(MENAFN) Türkiye's current account registered a surplus of $1.1 billion in September, according to an announcement from the Turkish Central Bank on Wednesday.
This follows earlier surpluses of $5.45 billion in August and $1.77 billion in July, while an Anadolu survey had anticipated a surplus of $1.5 billion for September.
Excluding gold and energy, the current account reflected a net surplus of $6.8 billion, whereas the trade of goods showed a deficit of $5.4 billion, the central bank reported.
In terms of services, net inflows reached $7.7 billion during September, with transportation services contributing $2.3 billion and travel services generating $6.3 billion in net revenue.
For the January-September period, the overall current account recorded a $14.89 billion deficit, while the goods trade deficit amounted to $49.8 billion.
Over the same timeframe, the services sector achieved a net surplus of $48.7 billion.
In contrast, primary and secondary income accounts posted net deficits of $13.4 billion and $427 million, respectively.
This follows earlier surpluses of $5.45 billion in August and $1.77 billion in July, while an Anadolu survey had anticipated a surplus of $1.5 billion for September.
Excluding gold and energy, the current account reflected a net surplus of $6.8 billion, whereas the trade of goods showed a deficit of $5.4 billion, the central bank reported.
In terms of services, net inflows reached $7.7 billion during September, with transportation services contributing $2.3 billion and travel services generating $6.3 billion in net revenue.
For the January-September period, the overall current account recorded a $14.89 billion deficit, while the goods trade deficit amounted to $49.8 billion.
Over the same timeframe, the services sector achieved a net surplus of $48.7 billion.
In contrast, primary and secondary income accounts posted net deficits of $13.4 billion and $427 million, respectively.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment