The Czech trade-balance figure for September was released today. The deficit stood at CZK 4 bil., which was in line with Patria’s expectation of a CZK 5.0 bil. deficit, The S&P poll median value was a CZK 9.0 bil. deficit. The figure is unlikely to affect the equity market.
The Czech trade-balance figure for September was released today. The deficit stood at CZK 4 bil., which was in line with Patria’s expectation of a CZK 5.0 bil. deficit, The S&P poll median value was a CZK 9.0 bil. deficit. The figure is unlikely to affect the equity market.
The imports increased 23.6% y-to-y and exports were up 17.2% y-to-y. The trade deficit totalled CZK 76.8 bil. in the first nine months of 2000 that is more than CZK 12 bil. higher deficit compared the full-year 1999. In 2000 we expect the trade deficit at the level of CZK 125 bil.