Turkey Trade Deficit Narrows for 7th Month as Exports Jump
By Ali Berat Meric and Benjamin Harvey - Jun 29, 2012 12:32 PM GMT+0300
Turkey’s trade deficit narrowed for a seventh month in May as exports jumped and Iran bought more Turkish gold.
The gap declined to $8.6 billion from $10.2 billion a year earlier, the statistics office in Ankara said on its website today. The median estimate of six economists surveyed by Bloomberg was $8 billion versus a shortfall of $6.6 billion in April.
More:Turkey Trade Deficit Narrows for 7th Month as Exports Jump - Bloomberg