ANALYSIS: Iran War Unlikely to Offset Domestic Demand Strength as External Imbalances Widen

Turkey’s February trade data show resilient domestic demand but a worsening external balance. Rising energy and gold imports are widening the trade deficit, and the fallout from the Iran conflict could push the current account gap significantly higher despite expected moderation in consumption. Trade Deficit Widens in February According to official data, Turkey’s external balance … Continue reading ANALYSIS: Iran War Unlikely to Offset Domestic Demand Strength as External Imbalances Widen