Czech Republic - Factors To Watch on Oct 12

    PRAGUE, Oct 12 (Reuters) - Here are news stories, press 
reports and events to watch which may affect Czech financial 
markets on Friday: 
    ALL TIMES GMT (Czech Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    September producer prices and August industrial and 
construction output numbers are due for release at 0700. 
    The annual producer price inflation <CZPPIY=ECI>, measuring 
prices paid at the factory gate, is forecast to quicken to 4.0 
percent from 3.7 percent a month earlier, according to a Reuters 
poll of analysts. 
    Year-on-year industrial output growth <CZIPY=ECI> is seen 
slowing to 9.0 percent from 11.5 percent in the prior month. 
    No consensus forecast is available for the construction data 
<CZCONY=ECI>. 
    September monetary base is due out at 0800. No forecast. 
    Real-time economic data releases....................<ECONCZ> 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts..........<CZ/ECON15> 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORIES ======================== 
    FIRM CROWN TO TEMPER RATE HIKES: A strong crown currency 
could cool Czech economic expansion and lessen the need for 
further near term interest rate hikes, central bank (CNB) 
policymaker Vladimir Tomsik said. 
    Story: [nL11400989] 
    RATES SEEN ON RISE: The CNB is likely to continue raising 
interest rates from the current five-year high to contain 
inflation fed by a consumer boom, CNB policymaker Mojmir Hampl 
was quoted as saying. 
    Story: [nL1167924] 
    Related news: [RTRS-LEN-CZ-CEN-PLCY] 
 
 =========================== EVENTS ============================ 
    TRADE MINISTERS: Czech Industry and Trade Minister Martin 
Riman, French Trade Minister Herve Novelli and Czech Deputy 
Industry and Trade Minister Martin Tlapa hold a joint news 
briefing. 
    Related news: [RTRS-LEN-CZ-TRD] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities  <.PX> 1,900.7  1,881.0   +1.05        +19.62 
 vs Euro     <EURCZK=>  27.540   27.465   -0.27         -0.15 
 vs Dollar      <CZK=>  19.364   19.263   -0.59         +7.45 
 U.S. Equities  <.DJI>  14,015   14,079   -0.45        +12.45 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    SKODA SALES JUMP: Volkswagen's <VOWG.DE> Czech Skoda brand 
increased 9-month sales by 12.6 percent to a record 462,429 
vehicles with the help of its Roomster MPV, the Mlada 
Boleslav-based carmaker said. 
    Story: [nL11131260] Related news: [RTRS-LEN-CZ-VOWG.DE] 
     
    CALL FOR 10 PCT WAGE GROWTH: Trade unionists at Czech 
manufacturing companies are seeking nominal wage growth of 10 
percent or more next year to reflect higher inflation and 
productivity, an OS KOVO union official said. 
    Story: [nL11678933] Related news: [RTRS-LEN-CZ-JOB] 
     
    ECM ACQUISITION: ECM Real Estate Investments <ECMPsp.PR> has 
acquired an office park project in Moscow whose total 
development costs will be around 200 million euros ($284.3 
million). 
    Story: [nL11128862] Related news: [RTRS-LEN-CZ-ECMPsp.PR] 
     
    PENSION REFORM: The Czech government aims to save 40 billion 
crowns ($2.07 billion) by 2010 on a special account to be set up 
for future pension reforms, Labour and Social Affairs Minister 
Petr Necas said. 
    Story: [nL11643750] Related news: [RTRS-LEN-CZ-GVD-POL] 
     
    CROWN SEEN FLAT NEAR-TERM: The crown is expected to hold 
near 27.50 per euro <0#EURCZK=> within three months, a Reuters 
poll showed, suggesting scant upside room for the currency after 
its rally to record highs last month. 
    Story: [nL10718706] Regular monthly forex polls: [CZK/POLL] 
    Table with poll results: [ID:L10390159] 
 
 ======================= PRESS DIGEST ========================== 
    SMALL FIRMS RESIST SHARP WAGE HIKE: Representatives of small 
and medium-sized firms consider the proposal of trade unions to 
increase salaries by at least 7 percent next year excessive. 
    Lidove Noviny, page 13 
     
    HIGHER FOOD PRICES: Leading domestic bakery United Bakeries 
wants to increase the price of baked goods by an average of 25 
percent to reflect sharp rise in the prices of input such as 
wheat, flour and oils and rising energy costs. 
    Hospodarske Noviny, page 17 
 
 (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          <CZ/ECON01> 
 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         <G7TODAY> 
 
 For real-time stock market index quotes click in brackets: 
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX> 
 
    News editor of the day: Jan Lopatka on +420 224 190 477; 
fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: jan.lopatka.reuters.com@reuters.net 
 
 ((Compiled by Marek Petrus 
 Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; 
 e-mail: prague.newsroom@reuters.com or 
marek.petrus@reuters.com; 
 Tel: +420 224 190 477)) 
  Keywords: CZECH FACTORS/