Trade Balance in Czech Republic

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

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

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 Yield2.03-1.85 %Dec 11
Exchange Rate22.71-0.66 %Dec 11
Stock Market1,017-0.11 %Dec 11

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