Foreign trade surplus recorded in month of July for first time

The Czech Republic recorded a foreign trade surplus of 1.2 billion crowns in July, an improvement of over 8 billion compared to the same month last year. It is the first time there has been a surplus in July, when there is usually a downturn due to seasonal factors. The balance particularly improved in the field of machinery and transport machinery.

Friday's positive figures caused the Czech crown to rise in strength against the euro- it reached a three-year high of 29.21.

Author: Ian Willoughby