Türkiye’s Trade Deficit Rises, Confidence Index Declines

A man who sells souvenirs waits for customers in a market in commercial Eminonu, Istanbul. (AP)

Türkiye’s trade deficit continued to rise in January while the economic confidence index witnessed a sharp decline.

Türkiye’s foreign trade deficit widened 38.4 percent year-on-year to $14.237 billion in January, official data showed on Monday, with imports surging 20.7 percent and exports up 10.3 percent.