Czech trade balance swing to deficit in September
Image by Pixabay
Czech Republic's trade balance registered a deficit of CZK 13.293 billion (EUR 526.1 million) in September versus a surplus of CZK 33.925 billion in the same month last year, data from the country's statistics agency showed on Monday.
In August, the trade deficit was CZK 27.673 billion.
Exports fell 2.8% annually in September and imports grew 12.7%.
On a monthly basis, seasonally adjusted exports decreased 2.2% in September and imports fell by 2%.
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.