Czech Republic - Factors To Watch on Oct 9

...Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic data are due for release until September 
producer prices and August industrial and construction output 
numbers on Friday. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    INFLATION IN LINE: Annual inflation accelerated to a 
13-month high in line with forecasts in September, keeping alive 
the possibility of further interest rate hikes by the end of the 
year. 
    Story: [nL08166283] 
    Instant View: [nL08333224] Table: [nPRA001535] 
    The foreign trade balance posted a 0.6 billion crown ($30.74 
million) deficit in August, only the second shortfall this year 
but narrowing versus a 1.1 billion deficit in August 2006. 
    Instant View: [nL08740676] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,896.1  1,881.5   +0.78        +19.33 
 vs Euro       27.470   27.550   +0.29         +0.11 
 vs Dollar        19.575   19.474   -0.52         +6.35 
 U.S. Equities    14,044   14,066   -0.16        +12.68 
 Pvs close or current levels vs prior domestic close at 1500 
 --------------------------------------------------------------- 
 
 ======================= PRESS DIGEST ========================== 
    DEPUTY CHAIRMAN QUITS CEZ : Jiri Borovec, Deputy 
Chairman of board of directors and the director of production 
division at power company CEZ, plans to quit at the year-end. He 
will announce his new place of employment in the next few days. 
    Mlada fronta Dnes, page B1 
     
    PRAGUE IN VOGUE: The Czech capital Prague ranks 14th on the 
list of the most favorite European cities to do business in, 
according to a study by Cushman & Wakefield based on responses 
from 500 firms assessing taxes, salaries, and living standards 
in 33 cities. For investors, Prague is the second most popular 
city after Moscow. 
    Hospodarske Noviny, pages 1 and 15 
     
    ENVIRONMENTAL DAMAGES: The Czech Republic will need to pay 
about 100 billion crowns ($5.12 billion) to cover environmental 
damages by 2015, according to finance ministry's estimates. 
    Hospodarske Noviny, page 1 
 
 (Reuters has not verified any of the newspaper reports that may 
be quoted above and does not vouch for their accuracy.) 
 
 
 For Instant Views of key economic data click on    [CZ/INSTANT] 
 For summary of economic data and forecasts           
 For diary of forthcoming Czech events                [CZ/DIARY] 
 For calendar of east European economic indicators  [CONV/DIARY] 
 TOP NEWS -- Emerging markets                         [TOP/EMRG] 
 TOP NEWS -- Convergence watch                        [TOP/EAST] 
 
 For an economic indicator diary for the euro zone, the United 
 States and other Group of Seven countries see          
 
 For real-time stock market index quotes click in brackets: 
 Warsaw WIG20   Budapest BUX   Prague PX  
 
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 ($1=19.52 Czech Crown) 
  Keywords: template CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]