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Turkey’s Trade Deficit Narrows as Imports Fall on Weak Demand
Politics

Turkey’s Trade Deficit Narrows as Imports Fall on Weak Demand

December 2, 2023 admin-dominor


Turkey’s trade deficit narrowed yet again in November, propelled by a drop in imports and a rise in exports for the fifth consecutive month.

The trend signals subdued economic activity influenced by restrained domestic demand as the Turkish central bank continues to raise interest rates aggressively.



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