January statistics suggest rise in Czech exports to EU

Statistics suggest that Czech exports to the European Union, which make up seventy percent of the country's total, have increased significantly in the past few months. In January, a 4.5 % increase was recorded year on year to reach 145 billion Czech crowns, or some 5 billion US dollars. While exports have increased to Italy and Austria, they have decreased to Great Britain and the Netherlands. However, according to economist David Marek, there is not cause for optimism, as exports are expected to remain stagnant.