ISTANBUL, March 8 (Reuters) - Turkey is expected to record a current account deficit of $10 billion in January on back of gold imports, a Reuters poll showed on Wednesday, while the deficit was seen at $43.5 billion in 2023.
In a Reuters poll, the median estimate of 11 economists for the current account deficit (TRCURA=ECI) in January was $10 billion, with forecasts ranging from $6 billion to $11.1 billion.
Turkey's trade deficit, a major component of the current account, widened 38% in January to $14.24 billion, data showed, mainly due to the sharp rise in gold imports and surging cost of energy imports.
https://www.reuters.com/world/middle-east/turkeys-current-account-deficit-10-bln-january-435-bln-2023-2023-03-08/
