Trade Balance in Czech Republic
Czech Republic - Trade Balance (Euros)Preliminary GDP data revealed that economic activity cooled slightly in Q3, with annual growth slowing to a near-two year low from an already relatively-weak showing in Q2. The third-quarter expansion was likely driven mainly by solid consumer spending, in which an overheated labor market and buoyant wage growth—partly stemming from public and private sector wage hikes—have propped up households’ disposable incomes. On the other hand, it seems that softer external demand, primarily from the Eurozone, dragged on the headline figure. Available data for Q4, however, hints at slightly more upbeat activity, with economic sentiment edging higher on average in October–November from Q3 due to improved business confidence. Meanwhile, on 23 November, the government survived a no-confidence vote tabled by the opposition over a fraud scandal implicating Prime Minister Andrej Babis thanks to the coalition junior partner’s abstention from the vote, which should reduce political uncertainty ahead.
Czech Republic - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||6.5||8.0||6.9||9.1||9.1|
5 years of economic forecasts for more than 30 economic indicators.
Czech Republic Trade Balance (EUR) Chart
Source: Czech National Bank and Met the why particular calculations.
Czech Republic Facts
|Bond Yield||2.03||-1.85 %||Dec 11|
|Exchange Rate||22.71||-0.66 %||Dec 11|
|Stock Market||1,017||-0.11 %||Dec 11|
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December 11, 2018
Consumer prices declined 0.1% from the previous month in November, contrasting October’s 0.4% rise.
December 7, 2018
Industrial production jumped 6.7% year-on-year in October, rebounding from September’s 0.6% dip.
December 3, 2018
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit slipped from 52.5 in October to 51.8 in November, the fifth consecutive monthly fall and the lowest reading in over two years.
November 30, 2018
A detailed breakdown of GDP, released by the Statistical Institute on 30 November, revealed the economy maintained momentum in the third quarter.
November 26, 2018
The economic sentiment indicator, a composite confidence indicator published by the Czech Statistical Office (CSO), dipped from 99.8 points in October to 99.3 in November.