Slovak Foreign Trade Slips into Deficit
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Insights by Echo AI

Slovak foreign trade, which had been in surplus for half a year, slipped into deficit in August, with a shortfall of 125 million euros. Exports grew by 5.4% to 8.3 billion euros, while imports increased by 7% to 8.4 billion euros. The deficit was mainly driven by higher energy commodity prices and the shift of plant holidays in the automotive industry.
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