Trade balance widens thanks to cars, machinery

09-03-2011

The Czech foreign trade balance was 15.7 billion crowns in the black in January, a 400 million crown improvement on the same period in 2009 and better than the 13.6 billion crown surplus expected in a poll of analysts. The trade surplus in vehicles and machinery rose by 9.9 billion crowns. But that was all but cancelled out by a widening deficit on fuel oils and chemicals.