Turkiye’s current account balance posts $1.88 Billion surplus in September

Goods deficit stands at $3.66B, services run $6.25B surplus in Sept., official data shows

Türkiye’s current account balance posted a $1.88 billion surplus in September, after running deficit for two months, the country’s Central Bank announced on Monday.

The gap shifted from an upwardly revised $357 million deficit in August and $3.02 billion in September 2022, the bank’s data showed.

The gold- and energy-excluded current account recorded a $7.12-billion surplus in the month, the bank said.

The goods deficit amounted to $3.66 billion in September, while the services sector saw a net surplus of $6.25 billion in the month. Under the services sector,travel had a net inflow of $5.03 billion in September.

In January-September, the current account balance run a $40.84 billion deficit, widening from $38.21 billion in the same period last year.

Source: aa

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