RTTNews - Thursday, a report by the Czech Statistical Office said the trade surplus amounted to CZK 20.4 billion in June, an improvement of CZK 6.5 billion from the previous year. A decrease in the trade deficit of mineral fuels by CZK 6 billion was the main contributor to the increase in trade surplus in the month.

The statistical office said the latest trade surplus is the second highest since the formation of an independent Czech Republic. In March this year, the country record the highest surplus of CZK 22.5 billion. Moreover, the statistical office said the country has been recording a trade surplus in June every year since 2004.

During the month, exports at current prices dropped 15.1% year-on-year, while the imports were down 19.3%. Both exports and imports fell for the ninth consecutive month in June.

Month-on-month, exports were up a seasonally adjusted 1.6%, while imports fell 1.5%.

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