The Czech Republic's trade surplus retreated sharply from a year earlier in July due to higher imports of fuel, official data showed on Monday.
The Czech Statistical Office said the trade surplus fell to CZK 6.3 billion, almost halving from the CZK 11.7 billion surplus a year ago. Economists had forecast a CZK 6 billion surplus.
Exports rose 16% annually, while imports were up 20.5%. Imports of mineral fuels, lubricants & related materials had the largest negative impact on the trade balance, rising 43.9%.
On a monthly basis, exports and imports grew by 4.2% and 0.9% respectively.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.