Turkey Current-Account Gap Widens More Than Estimated in May
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Turkey’s current-account deficit widened more than estimated from a year earlier in May as Turkey’s trade gap grew.
The shortfall in the current account, the broadest measure of trade in goods and services, rose to $3.99 billion from $3.65 billion a year earlier, the central bank in Ankara said in a statement posted on its website today. The median estimate in a Bloomberg survey of economists was $3.53 billion.