By Joshua KirbyTurkey's current-account deficit again grew wider in March as energy imports stayed high and rampant inflation drove up goods prices. The country's balance of payments, a measure of the gap between inflows into and outflows from the country, showed a deficit of $4.54 billion in March, widening from $3.64 billion in February, central-bank figures showed Monday. It continues a trend of steadily wider deficits beginning from the end of last year, after a tourism boom briefly helped Turkey record rare surpluses in its current account. Energy imports continue to drag the account, while the trade deficit in goods also widened in March. Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby(END) Dow Jones NewswiresMay 13, 2024 03:31 ET (07:31 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal May 13, 2024 08:15 UTC