Turkey's current account gap at $1.8B in January

By Tuba Sahin

ANKARA (AA) - Turkey's economy ran a current account deficit of $1.8 billion in January, below the median of analysts' forecasts, the Turkish Central Bank revealed Wednesday.

The gap widened $1.5 billion compared to the same month of last year, bringing the 12-month rolling surplus to $6.5 billion, the bank said in a statement.

The median of economists' forecasts surveyed by Anadolu Agency was $2.4 billion of the current account deficit for January, while the year-end overall current account forecast was $14.3 billion gaps.