Turkey’s current account balance is expected to see a deficit of $200 million in October, according to an Anadolu Agency survey on Wednesday.
The estimates of a group of 23 economists range between a deficit of $1.2 billion and a surplus of $300 million.
UNADJUSTED INDUSTRIAL PRODUCTION INDEX IS EXPECTED TO RISE BY 9.6 PERCENT
The Turkish Central Bank will release the balance of payments figures on Friday. In September, the current account posted a $2.36 billion deficit.
According to another survey on Wednesday, Turkey’s unadjusted industrial production index for October is expected to rise by 9.6%. The estimates of a group of seven economists ranged between 7.5% and 12.5%.
Meanwhile, the experts estimated that the calendar-adjusted industrial production index for the month would increase by 8% on an annual basis.
In September, the unadjusted and adjusted industrial production indices were up 11.17% and 8.1%, respectively, year-on-year.