"Turkey's C/A deficit continues to widen at full speed despite a tremendous tourism season
BGC Partners - 11.08.2011
Monthly current account balance in June produced a deficit of US$7.55 bn IN LINE, but deterioration speed is still fast
- Current account balance in June recorded a deficit of US$7.55 bn (posting a 121% y-o-y increase in June, which is slightly slower than the y-o-y increase in the first five months of the year), which was in line with the market consensus and worse than our forecast of US$6.8 bn."
More:Balkans.com Business News : Turkey's C/A deficit continues to widen at full speed despite a tremendous tourism season
