INSTANT VIEW 1-Czechs post trade surplus for 6th straight month

...following a 7.4 
billion surplus in June 2006. 
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KEY POINTS: 
(in bln CZK)           June       May         June fcast 
 balance               9.32       6.92         9.5 
(nominal y/y change in pct) 
 exports              14.5       12.8          n/a 
 imports              14.0       10.3          n/a 
 
 (For full table of trade data, click on........[nPRA001425]) 
 
- According to seasonally-adjusted preliminary data, exports 
rose 2.5 percent in June from May while imports rose 1.9 percent 
month-on-month. 
- The trade balance improved thanks to a 2.2 billion crown 
year-on-year rise in the surplus in machinery and transport 
equipment trade and a 1.2 billion crown decline in the mineral 
fuels trade deficit. 
- In euro terms, exports rose 13.8 percent and imports by 13.4 
percent year-on-year in June, lagging the rise in local currency 
terms because of a previous weakening in the crown. 
 
BACKGROUND: 
- Market expectations before release             [ID:nL01772578] 
- Slovak May trade figures                       [ID:nL12624316] 
- Polish trade in May                            [ID:nL13175766] 
- Hungary's May trade data                       [ID:nBUD002094] 
- Report on last Czech c.bank rate decision      [ID:nPRA001407] 
 [ID:nPRA001420] [ID:nL03817639] [ID:nL26800751] [ID:nL03732730] 
 
- For further details on June foreign trade and other past data, 
Reuters 3000 Xtra users can click on the Czech Statistical 
Bureau's website: 
    http://www.czso.cz/eng/csu.nsf/kalendar/2004-vzo 
 
- For LIVE Czech economic data releases, click on        
- Instant Views on other Czech data click on        [CZ/INSTANT] 
- Overview of Czech macroeconomic indicators            [CZ/ECI] 
 
- Key data releases in central Europe    [CEE-CONVERGENCE-WATCH] 
- For Czech money markets data click on                 
- Czech money guide                                       
- Czech benchmark state bond prices                    
- Czech forward money market rates                       
 
 

[PRAGUE/Reuters/Finance.cz]