Turkey Trade Gap Widens In June

India, July 31 -- Turkey's foreign trade deficit increased in June from a year ago as imports grew faster than exports, the Turkish Statistical Institute reported Friday.

The trade deficit rose to $10.3 billion in June from $8.2 billion in the same month last year. The shortfall totaled $5.6 billion in May.

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Excluding energy products and non-monetary gold, the foreign trade shortfall was $4.7 billion.

Exports registered an annual growth of 21.7 percent, and imports were 23.0 percent higher.

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Published by HT Digital Content Services with permission from RTT News....