Turkish Trade Deficit Narrows to $6.8 Billion in September
Posted on November 06, 2012 at 01:59 AM EST
ISTANBUL--November 6, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Turkey's foreign trade deficit continued to narrow in September, with the resilient exports and slowing demand for imports. According to figures from Turkish Statistical Institute (TURKSTAT), Turkey posted a foreign trade deficit of $6.8 billion in September, above the market consensus of $6.1 billion. Seasonally adjusted exports declined 6.8% from the previous month, while imports surged 4.1%.