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Turkish Trade Deficit Almost Doubles to Record $9.8 Billion

Turkey’s trade deficit jumped 91 percent from a year earlier in March, as central bank policies failed to slow growing domestic demand that draws in imports of goods and raw materials. The deficit was $9.8 billion in the month, compared with $5.1 billion a year earlier, the statistics office in Ankara said on its website today. The figure exceeded a median estimate for a $7.8 billion deficit in data compiled by Bloomberg.
  • Published in Turkey
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