{"id":73236,"date":"2022-09-30T12:31:07","date_gmt":"2022-09-30T08:31:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73236"},"modified":"2022-09-30T12:31:09","modified_gmt":"2022-09-30T08:31:09","slug":"turkish-statistical-institute-trade-balance-deficit-jumped-160-in-august","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkish-statistical-institute-trade-balance-deficit-jumped-160-in-august\/09\/30\/market-updates\/","title":{"rendered":"Turkish Statistical Institute: Trade balance deficit jumped 160% in August"},"content":{"rendered":"\n<p>Data published by the Turkish Statistical Institute on Friday showed that the country&#8217;s foreign trade balance deficit rose 159.9% year-on-year to $11.19 billion in August, affected by a 40.4 percent rise in imports.<\/p>\n\n\n\n<p>The data indicated that imports amounted to $32.53 billion, while exports rose by 13.1 percent to $21.34 billion.<\/p>\n\n\n\n<p>As part of an economic program unveiled last year, Turkey aims to shift to a current account surplus by increasing exports and lowering interest rates, despite a sharp rise in inflation and a deteriorating currency. Rising energy and commodity prices around the world have made this goal unattainable.<\/p>\n\n\n\n<p>The data showed that the deficit in the first eight months of the year jumped by 146.3 percent to $73.44 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data published by the Turkish Statistical Institute on Friday showed that the country&#8217;s foreign trade balance deficit rose 159.9% year-on-year to $11.19 billion in August, affected by a 40.4 percent rise in imports. The data indicated that imports amounted to $32.53 billion, while exports rose by 13.1 percent to $21.34 billion. As part of an &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[8473,6987,8494,7095],"class_list":["post-73236","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-consumer-inflation","tag-inflation","tag-inflationary-pressures","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73236"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73236\/revisions"}],"predecessor-version":[{"id":73237,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73236\/revisions\/73237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34416"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}