Türkiye's current account balance posts $674M surplus in June

Türkiye's current account balance posts $674M surplus in June

Goods deficit comes in at $3.7B, services surplus reaches $5.02B in June

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's current account balance posted a net surplus of $674 million in June, the country's central bank announced on Friday.

Gold and energy excluded current account balance saw a net surplus of $5.58 billion in the month, the Turkish Central Bank said.

In June, the goods deficit was at $3.69 billion, while services posted a net surplus of $5.02 billion. Travel item, under services, recorded a net inflow of $4.2 billion.

"Primary income recorded a net outflow of $799 million, whereas secondary income indicated a net inflow of $151 million," it said.

In June, direct investments saw a net inflow of $135 million.

An Anadolu survey forecasted last week that the current account balance would post a surplus of $422 million.

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