IE: Value of exports for 2018 to exceed CZK 3.5 trillion

29. 11. 2018

The value of Czech exports for the year 2018 will exceed the record from the previous period totaling CZK 3.5 trillion.

(ČIA) The value of Czech exports for the year 2018 will exceed the record from the previous period totaling CZK 3.5 trillion. This was stated based on Export Index (IE) data by Raiffeisenbank chief economist Helena Horská. She added that the start of year 2019 should despite falling demand from abroad not see a drop thanks to inertia. The deputy chairman of the Exporters Association, Otto Daněk thinks that the export index will fall below zero in 1H 2019. He added that the problems of exporters could be accelerated by the strengthening of the crown resulting from measures introduced by central bankers.