breaking news Turkey To Post $2.3B Current Account Deficit: Survey last minute news
MetiNews.Com - Current account gap projections for February range between $1.7B, $2.7B in survey conducted by Anadolu Agency.
Breaking News ! Turkey's current account balance is expected to see a deficit of $2.27 billion in February, according to an Anadolu Agency survey on Thursday.The Turkish Central Bank is set to announce the country's current account balance for February next Monday.The forecast of a group of 13 economists range between $1.7 billion and $2.7 billion. The economists' end-year expectation is a $26.9 billion deficit, ranging between $23 billion and $38.5 billion.Turkey's current account balance in January was $1.86 billion, while 12-month deficit was $36.6 billion.
.04% on an annual basis.The estimates of a group of 10 economists ranged between 5.7% and 12.42%.The term "calendar-adjusted" is used to refer to data without calendar and holiday-originated effects.Additionally, the economists estimated that the unadjusted industrial production index for February would increase by 7.21% year-on-year.In January, the adjusted and unadjusted industrial production indices were up 11.4% and 7.5%, respectively.The Turkish Statistical Institute is due to release official figures next Tuesday. -
Source = MetiNews.Com