Slovakia trade balance swings to deficit in Apr
Image by Pixabay
Slovakia's trade balance showed a deficit of EUR 503.3 million in April versus a surplus of EUR 132.6 million in the corresponding month last year, preliminary data from the statistics agency showed on Thursday.
In March, the trade deficit was EUR 510.0 million. Exports rose for the sixth straight month in April by 5.5% from a year ago, while imports logged a double-digit growth of 14.5%.
On a seasonally adjusted basis, both exports and imports climbed by 9.7% and 19% respectively in May from last year. As a result, the trade deficit stood at EUR 291.3 million.
Watchdog Fines OTP Bank for Regulatory Shortfalls
Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s
Biggeorge Adds 2 New Directors to Top Management
Tastin' France 2024 Wine Event Coming in June
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
