Haluk Bürümcekçi

Turkey's current account deficit narrowed by $13.6 billion last year largely thanks to low energy prices, the Central Bank said on Feb. 11.

The fall marked a continuation of deficit narrowing, after it dropped to $32.2 billion in 2015 from $45.8 billion in 2014.        

The unemployment rate in Turkey rose to 10.5 percent in October 2015 from 10.3 percent in September 2015, according to data from the Turkish Statistics Agency (TÜ?K). 

The latest unemployment rate was the highest since March 2015, when it hit 10.6 percent.

Turkey?s current account deficit, among the biggest in emerging markets, was a wider-than-expected $3.4 billion in April, though below March levels, mainly due to the rise in the outflow of capital, which also included the dividend transfers, data from the Central Bank showed on June 11.