INSTANT VIEW 1-Czech Sept C/A gap well under market forecast

...on Tuesday. 
    The 12-month rolling deficit narrowed slightly to 121.4 
billion crowns, or 3.8 percent of last year's gross domestic 
product (GDP) according to Reuters calculations, from 125.57 
billion crowns a month earlier. 
**************************************************************** 
KEY POINTS: 
(CZK billions)           Sept         Aug          Sept forecast 
Current Account          -5.82       -32.65        -11.5 
Financial Account         9.50        47.20          n/a 
Net Direct Investment    11.82        11.20          n/a 
 
 (For full table, double click on..................[nPRA001603] 
 
- The monthly deficit is mainly due to a 24.5 billion crown 
income balance shortfall caused by the outflow of dividends and 
estimated reinvested earnings on direct investments. The monthly 
income balance gap shrinks from 37.4 billion in August. 
- Foreign direct investment inflows total 11.8 billion crowns, 
which the central bank estimated included about 10.4 billion 
crowns in reinvested profits. 
- Portfolio investments show a net 9.3 billion crown outflows 
due to equity investments abroad. The net portfolio investment 
outflow total has been gradually rising on an annual basis in 
recent months. 
 
BACKGROUND: 
- Analyst expectations before data release       [ID:nL30594915] 
- Czech September foreign trade figures           [ID:nL0261687] 
- Polish August C/A                              [ID:nWAR006155] 
- Slovak August C/A gap                          [ID:nPRG000561] 
- Hungary's Q2 C/A gap                           [ID:nL28171388] 
- Report on last Czech c.bank rate decision      [ID:nL25710600] 
  [ID:nPRA001568] [ID:nPRA001584] [ID:nPRA001585] [ID:n25439215] 
  
LINKS: 
- For further details on September of payments numbers and past 
data, Reuters 3000 Xtra users can click on the Czech National 
Bank's website: 
    http://www.cnb.cz/en/statistics/bop_stat/ 
 
- For LIVE Czech economic data releases, click on        
- Instant Views on other Czech data                 [CZ/INSTANT] 
- Overview of Czech macroeconomic indicators            [CZ/ECI] 
 
- Key data releases in central Europe    [CEE-CONVERGENCE-WATCH] 
- For Czech money markets data click on                 
- Czech money guide                                       
- Czech benchmark state bond prices                    
- Czech forward money market rates                       
 
 (Reporting by Marek Petrus) 
  
 ($1=18.20 Czech Crown) 
  Keywords: CZECH BALANCE/  
    

[PRAGUE/Reuters/Finance.cz]