Trade Balance in Czech Republic

Czech Republic Trade Balance (EUR) | Economic News & Forecasts

Czech Republic - Trade Balance (Euros)

The economy appeared to gain some momentum in the final quarter of 2018, following a modest showing in the third quarter which was buttressed by upbeat domestic demand. Industrial output slowed in November but nevertheless remained solid on the back of strong car production, which also translated into buoyant growth of sales abroad. Furthermore, although the unemployment rate edged up in December, this was mainly due to seasonal factors and the labor market remains extremely tight. Coupled with the multi-year high wage growth that has been logged in recent months, this indicates robust household spending at year-end. The strong retail sales’ figures in October and November—particularly in the core sectors which exclude fuel, food and cars—reinforce this trend. It seems, however, that the economy entered 2019 on softer footing: The PMI dipped to a six-year low in January due to a fall in output and new orders amid weaker external demand.

Czech Republic - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)6.5  8.0  6.9  9.1  9.1  

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Czech Republic Trade Balance (EUR) Chart

CzechRepublic Trade
Note: Trade balance in (EUR bn).
Source: Czech National Bank and Met the why particular calculations.

Czech Republic Facts

Bond Yield1.81-1.85 %Feb 14
Exchange Rate22.89-0.66 %Feb 14
Stock Market1,049-0.11 %Feb 14

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