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2025-12-12 15:29:01
[Turkey's Current Account Surplus Narrows in October] ⑴ Turkey's current account surplus narrowed significantly to $460 million in October 2025, compared to $2.23 billion in the same period last year, slightly higher than the market expectation of $400 million. ⑵ The goods account deficit widened sharply to $5.96 billion, compared to $3.5 billion in the same period last year. ⑶ Meanwhile, the secondary income deficit widened to $4 million, compared to $2 million in the same period last year. ⑷ On the other hand, the service account surplus increased to $7.59 billion from $6.9 billion in October 2024; the primary income deficit narrowed to $1.13 billion from $1.16 billion. ⑸ From January to October 2025, the country's current account deficit was $14.54 billion, significantly higher than the $2.93 billion deficit in the same period last year.
