Turkey’s January Trade Gap Narrows on Year to $7 Billion
By Steve Bryant - Feb 29, 2012 4:19 AM ET
Turkey’s trade deficit narrowed to $7 billion in January, shrinking for a third consecutive month.
The shortfall declined from $7.4 billion in January 2011, the statistics office in Ankara said on its website today. The gap exceeded the expectations of all 10 economists surveyed by Bloomberg, whose median estimate was $6.4 billion. It was $8.1 billion in December.
More:Turkey’s January Trade Gap Narrows on Year to $7 Billion - Bloomberg