Slovakia's foreign trade balance showed a deficit of 9.25 billion crowns in November, compared with a revised gap of 5.48 billion crowns in October, the Statistics Office said on Thursday. KEY POINTS: FOREIGN TRADE NOV 06 OCT 06 NOV 05 JAN-DEC 05 (SKK bln) Balance -9.251 -5.478 -4.092 -76.322 (Full table of data...........................[ID:nPRG000196]) - The market had predicted a trade deficit of 2.3 billion crowns in November, according to a Reuters poll of analysts. - The Statistics Office did not release a more detailed breakdown of November trade data. - The October balance was revised from a previously reported shortfall of 4.98 billion crowns. BACKGROUND: - Slovakia's foreign trade deficit had widened in 2006, mainly due to rising imports of equipment needed for investment projects such as car factories being build by PSA Peugeot Citroen and Kia Motors . - But the external balance is expected to improve the in 2007 when the two plants are scheduled to boost their export-oriented production. LINKS - For further details on November 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]