INSTANT VIEW 1-Slovak July trade gap below fcasts

...compared with a revised gap of 5.551 billion 
in June, the Statistics Office said on Tuesday. 
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KEY POINTS: 
FOREIGN TRADE         JULY 07        JULY 07 FCAST 
 (SKK bln) 
 Balance              -1.782           -2.1 
  (Full table of data.......................[ID:nPRG000495]) 
  
    NOTE: The market had expected a trade deficit of 2.1 billion 
crowns in July, according to a Reuters survey of analysts 
earlier this month  . 
 
- The Statistics Office did not release a detailed breakdown of 
July trade data. 
- The June balance was revised to a deficit of 5.551 billion 
crowns from a previously reported gap of 4.513 billion. 
     
BACKGROUND: 
- Slovakia's foreign trade deficit widened in 2006, mainly due 
to rising imports of equipment needed for investment projects 
such as car factories of PSA Peugeot Citroen  and Kia 
Motors . 
- But the external balance is improving in 2007 as two car 
assembly plants boost their export-oriented production. 
 
LINKS 
- For further details on July 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...... 
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