Czech foreign trade posts 13.9 billion surplus in June
The Czech Republic posted a foreign trade surplus of 13.9 billion crowns in June, according to preliminary data released by the Czech Statistical Office. The figure is 5.8 billion higher than in the same month in 2007. Exports grew by 1.7 percent while imports fell by 1 percent. The surplus has been attributed mainly to increased exports of machinery and transport equipment. Analysts expected the figure to be much lower due the strengthening Czech crown.