INSTANT VIEW 1-Czech Q3 C/A deficit 3.5 pct of GDP

...billion euros, 
data released by the central bank showed on Thursday. 
    The rolling 12-month deficit widened to 3.5 percent of gross 
domestic product (GDP) from a revised 3.3 percent in the second 
quarter of this year, according to central bank estimates. 
    Its preliminary data released in September put the 
second-quarter deficit at 3.4 percent of GDP. 
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KEY POINTS: 
(euros mln)                   Q3 2007     Q1-Q3 2007 
Current Account               -1,710.7    -2,632.1 
Financial Account              1,437.8     2,101.4 
Net Direct Investment          1,342.9     3,636.2 
 
 (Full balance of payments table...................[nPRA001648] 
 
- The quarterly figures are calculated under IMF methodology and 
merely update and detail more closely-watched monthly data 
 that have already been reported for the period, 
albeit under slightly different methodology used by the European 
Central Bank (ECB). 
- The deficit was mainly affected by a 2.7 billion euro gap in 
the balance of income, which reflects dividend outflows and 
reinvested profits of foreign-owned companies operating in the 
Czech Republic. 
 
 BACKGROUND: 
- For monthly balance of payments data, click on [ID:nL13276168] 
- October foreign trade figures                   [ID:nL0594409] 
- Report on last Czech c.bank rate decision      [ID:nL29206268] 
                                 [ID:nPRA001631] [ID:nL29679528] 
 
LINKS: 
- For further details on third quarter balance 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 Mirka Krufova) 
  
 ($1=.6796 Euro) 
  Keywords: CZECH BOP/  
    

[PRAGUE/Reuters/Finance.cz]