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Trade deficit falls

SLOVAKIA'S balance of trade deficit for October was Sk1.998 billion (€51.23 million), down from the Sk3.1 billion (€80 million) posted for September, the Statistical Office reported December 10. The deficit for the first ten months to October amounted to 26.1 billion (€650 million).

Exports for the same period stood at Sk742 billion (€18.58 billion), up by 12.8 percent on the year. Imports totalled Sk768 billion (€19.23 billion), a rise of 13.6 percent year-on-year.

The Office also published revised trade figures for the period January-September, reducing the deficit from Sk28.8 billion (€720 million) to Sk24.1 billion (€600 million). According to these results, exports and imports in September rose year-on-year by 10.8 and 12.2 percent respectively.

Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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