INSTANT VIEW 1-Slovak June trade gap bigger than expected

...of 4.277 
billion in May, the Statistics Office said on Friday. 
**************************************************************** 
KEY POINTS: 
FOREIGN TRADE        JUNE 07       JUNE 07 FCAST 
 (SKK bln) 
 Balance              -4.513          -0.7 
  (Full table of data.......................[ID:nPRG000452]) 
- The market had expected a trade deficit of 0.7 billion crowns 
in June, according to a Reuters survey of analysts earlier this 
month  . 
- The Statistics Office did not release a detailed breakdown of 
June trade data. 
- The May balance was revised to a deficit of 4.277 billion 
crowns from a previously reported gap of 3.539 billion. 
     
BACKGROUND: 
- Slovakia's foreign trade deficit widened in 2006, mainly due 
to rising equipment imports for projects such as car factories 
of PSA Peugeot Citroen  and Kia Motors . 
- But the external balance improved early in 2007 as two car 
assembly plants boost their export-oriented production. 
 
LINKS 
- For further details on June foreign trade and other 
past data, Reuters 3000 Xtra users can click on the Slovak 
Statistics Office's website: 
    http://wwww.statistics.sk/webdata/english/index2_a.htm 
 
- For LIVE Slovak economic data releases, click on...... 
- Schedule of upcoming indicator releases............ 
- Summary of short-term economic data forecasts...... 
 
- Stories on Slovak currency moves........................[SKK/] 
- Slovak speed money guide .............................. 
- Slovak benchmark state bond prices ................. 
- Slovak forward money market rates .................... 
 
 

[BRATISLAVA/Reuters/Finance.cz]