Turkey’s trade deficit jumps 160% in August
Data published by the Turkish Statistical Institute on Friday, September 30, showed that the country’s foreign trade balance deficit rose by 159.9% on an annual basis to $11.19 billion in August, affected by a 40.4% increase in imports. The data indicated that imports amounted to $32.53 billion, while exports rose by 13.1 percent to $21.34 … Read more