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Slovakia Trade Balance Swing To Surplus

Slovakia's trade balance swung to surplus in March, data from the Statistical Office of the Slovak Republic showed on Friday.

The trade balance registered a surplus of EUR 595.3 million in March versus a deficit of EUR 398.8 million in the same month last year. In February, the trade surplus was EUR 444.5 million.

Economists had forecast a surplus of EUR 137.0 million.

Exports increased 38.7 percent annually in March and imports grew 3.6 percent.

On a seasonally adjusted basis, trade surplus was EUR 212.5 million in March.

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