Turkish 2014 c/a deficit seen below $50bn

ANKARA: Turkey's current account deficit will end the year below $50 billion at around 5.5 percent of gross domestic product if growth in exports, output and employment continues, Economy Minister Nihat Zeybekci said.

This will support a fall in annual inflation to below 7 percent next year, Zeybekci told reporters late on Tuesday, down from a current consumer price inflation level of 9.16 percent.