(last updated on Feb 11 with end-Dec balance of payments)
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KEY INTEREST RATES 2-WEEK REPO DISCOUNT LOMBARD
rate 0.75 pct 0.25 pct 1.75 pct
last changed
(date of decision) May 06, 2010 Aug 06, 2009 May 06, 2010
former rate 1.00 pct 0.50 pct 2.00 pct
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CZECH Q3 GDP (pct) Q/Q YR/YR
Real change 1.0 (1.1) 2.8 (3.0)
consumption 0.6 0.7
Household 0.0 1.2
Government 1.8 -0.5
Gross capital formation 6.9 14.4
Fixed 3.7 1.7
Foreign trade
Exports 5.6 14.1
of goods 8.0 14.7
of services -7.1 9.9
Imports 7.5 16.6
of goods 7.9 17.0
of services 5.3 14.4
NOTE. GDP totalled 925.394 billion crowns for the third
quarter in nominal terms. Previous flash estimates in parenthesis.
CONSUMER INFLATION 01/11 12/10 01/10
pct change month/month 0.7 0.5 1.2
pct change year/year 1.7 2.3 0.7
NOTE: The average rate of inflation over the past 12 months was 1.6 percent
in January.
CZECH BALANCE OF PAYMENTS 12/10 11/10 12/09 01-12/10
(CZK billion)
I. CURRENT ACCOUNT -0.69 -1.98 -16.79 -92.89
Trade balance 8.04 19.30 5.21 201.99
Balance of services -3.94 -3.76 0.04 -36.34
Income balance -10.78 -12.13 -20.36 -254.52
Current transfers 5.99 -5.39 -1.67 -4.01
II. CAPITAL ACCOUNT 6.78 0.41 7.23 33.59
III. FINANCIAL ACCOUNT 15.99 31.24 19.94 130.17
Net Direct Investment 4.93 2.88 18.23 116.59
Czech abroad -0.88 -3.92 11.01 -24.15
Into Czech Republic 5.81 6.80 7.22 140.74
Net Portfolio Investment 9.31 0.05 -14.22 160.27
Assets 6.34 2.77 -37.70 14.37
Liabilities 2.97 -2.72 23.48 145.90
Other Investments 6.60 13.10 25.80 -102.53
Change in foreign exchange
reserves (minus = growth) -4.57 15.51 -10.28 -41.43
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -22.08 -29.68 -10.38 -70.88
NOTE. All 2010 figures are subject to revision. The 2009 figures are
revised. The CNB releases the monthly figures according to ECB methodology.
CZECH STATE BUDGET 01/11 01-12/10 01/10
revenue (CZK bln) 92.57 1,000.38 97.61
expenditure 81.96 1,156.79 84.52
balance 10.61 -156.42 13.09
NOTE. The full-year 2011 central state budget was approved with a gap of
135.0 billion crowns.
FOREIGN TRADE 12/10 11/10 12/09 01-12/10
(in bln CZK)
exports 209.32 241.66 (238.28) 164.79 2,518.18
imports 208.33 229.27 (226.44) 162.12 2,393.63
balance 0.99 12.39 (11.84) 2.66 124.55
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 27.0 22.7 (21.0) 4.8 17.7
nominal imports 28.5 25.7 (24.1) -2.5 20.3
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-JAN 11 END-DEC 10 END-JAN 10
euro bln 30.173 31.980 29.481
$ bln 41.314 42.740 41.172
CZK bln 731.093 801.417 773.293
NOTE. The bank said it sold foreign currency worth an equivalent of 84
million euros in spot foreign exchange market operations in December. It bought
foreign currency worth 155.65 million euros in client operations in December.
CZECH M2 MONEY SUPPLY END-DEC 10 END-NOV 10 END-DEC 09
M1 change yr/yr 14.9 13.1 7.6
M2 change yr/yr 3.3 3.6 4.2
Loans to businesses
and households yr/yr 2.9 2.5 0.8
M2-M1 (deposits) yr/yr -14.5 -11.8 -0.5
