The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Markets expect foreign trade deficit to shrink by 40% y/y in October.

Markets expect foreign trade deficit to shrink by 40% y/y in October. The deficit on the foreign trade should drop to SKK 4bn for October, down by roughly 40% y/y, according to a poll among market analysts. The lower trade gap forecast was explained by expectations for accelerating of the export growth with the launch of new export capacity in the transport equipment sector. Data for the industrial output for the month confirmed that the output of the sector increased markedly, which should be related to higher sales abroad as it is mainly export-orientated. At the same time, the growth of the imports was projected to slow down for the month. This should be on account of the drop in the oil prices on the international markets but mainly to the completion of stock accumulation of large companies, which was believed to be behind the strong growth rates of the import, registered in the Q3 months.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree