Turkey's Trade Deficit Narrows 13% Amid Slowing Imports in October
2 months ago
In a noteworthy turn of economic events, Turkey has reported a 13% reduction in its trade deficit for the month of October. This decline highlights a shift in the country’s import dynamics, as import values have shown signs of slowing down. The Turkish Statistical Institute has released its latest trade data, revealing that the trade gap fell to $5.09 billion, down from $5.84 billion in the same month of the previous year.
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