Categories: Business

Global food prices rise in February, says UN

Monitoring Desk

ANKARA: Turkey’s exports jumped 14.8 percent to reach $12.9 billion in February, compared to the same month of 2017, the Turkish Exporters Assembly (TIM) announced Thursday.

The figure makes February 2018 the best-performing February for exports in Turkish history, TIM said.

Turkey’s exports surged 12.8 percent to $25.3 billion in the first two months of 2018 over the same period in 2017. The country’s 12-month exports reached $159.03 billion, up 11.1 percent from the previous time interval.

Turkey’s exports have been rising since December 2016, Mehmet Buyukeksi, head of the exporters’ assembly, said in a statement.

He added: “We hope that exports will continue to rise until the end of 2018.”

TIM and Economy Minister Nihat Zeybekci declared that Turkey would break records by crossing the medium-term program’s (MTP) $169 billion target in 2018, he stressed. He also said figures for the first two months support this goal. AA

The Frontier Post

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