In May 2019 export and import prices both increased by 2.0 % y/y. Terms of trade increased to a value of 100.0 % and got out of the red after two months. In the case of exports the increase in machine and transport vehicle prices by 1.6 % played a role. In terms of imports the increase in the prices of machines and transport vehicles, by 2.6 %, was also significant. In a m/m comparison, export prices increased by 0.2 % and import prices by 0.3 %. Terms of trade reached 99.9 %. This was reported by the Czech Statistical Office.
Prepared by the team of foreign office CzechTrade Chicago