(last updated on Sept 30 with end-Aug money supply)
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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 GDP (pct) Q2-10/Q1-10 Q2-10/Q2-09 Q1-10/Q4-09 Q1-10/Q1-09
Real change 0.9 (0.8) 2.4 (2.2) 0.4 (0.5) 1.0 (1.1)
consumption 0.3 0.9 0.2(-0.4) 1.0 (0.4)
Household 0.6 0.8 1.2 (0.7) 0.1(-0.5)
Government -0.4 0.9 -3.9(-2.7) 2.8 (2.0)
Gross capital formation 0.4 6.7 3.4 (7.4) -8.1(-4.5)
Fixed 1.3 -4.3 -5.7(-5.9) -6.5(-6.6)
Foreign trade
Exports 2.7 13.1 3.5 (3.0) 13.5(12.9)
of goods 2.1 13.5 5.4 (5.8) 14.7(15.1)
of services 6.1 11.3 -5.3(-10.4) 7.5 (1.7)
Imports 2.0 13.8 4.7 (4.6) 10.8(10.7)
of goods 2.1 15.5 5.9 (6.6) 11.3(12.0)
of services 1.6 5.3 -1.4(-5.6) 8.0 (3.4)
NOTE. GDP totalled 914.676 billion crowns for the second quarter in nominal
terms.
CONSUMER INFLATION 08/10 07/10 08/09
pct change month/month -0.3 0.3 -0.2
pct change year/year 1.9 1.9 0.2
NOTE: The average rate of inflation over the past 12 months was 0.9 percent
in August.
CZECH BALANCE OF PAYMENTS 07/10 06/10 07/09 01-07/10
(CZK billion)
I. CURRENT ACCOUNT -32.53 -14.84 -6.51 -42.96
Trade balance 12.77 15.70 13.58 130.80
Balance of services -3.42 -2.33 0.40 -15.49
Income balance -38.14 -29.36 -17.48 -159.31
Current transfers -3.75 1.15 -3.01 1.04
II. CAPITAL ACCOUNT 3.67 1.98 4.78 15.52
III. FINANCIAL ACCOUNT 33.36 14.72 16.40 34.94
Net Direct Investment 24.29 13.42 12.38 87.27
Czech abroad -1.39 2.46 -0.76 -18.59
Into Czech Republic 25.68 10.96 13.14 105.86
Net Portfolio Investment 8.58 30.24 1.16 79.88
Assets -3.70 4.46 5.35 4.13
Liabilities 12.27 25.77 -4.19 75.75
Other Investments 5.01 -29.73 7.94 -130.23
Change in foreign exchange
reserves (minus = growth) -4.74 0.89 -4.89 -1.08
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -4.50 -1.85 -14.68 -7.50
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 01-08/10 01-0710 01-08/09
revenue (CZK bln) 658.62 586.57 643.91
expenditure 737.29 655.58 733.49
balance -78.67 -69.01 -89.58
NOTE. The full-year 2010 central state budget was approved by parliament
with a gap of 162.7 billion crowns.
FOREIGN TRADE 07/10 06/10 07/09 01-07/10
(in bln CZK)
exports 199.67 222.30 (222.79) 172.11 1,404.92
imports 193.33 213.59 (212.37) 160.40 1,316.63
balance 6.34 8.71 (10.42) 11.71 +88.28
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 16.0 14.9 (19.7) -17.1 14.9
nominal imports 20.5 16.2 (28.0) -20.0 16.2
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-AUG 10 END-JULY 10 END-AUG 09
euro bln 31.086 30.249 28.063
$ bln 39.423 39.407 40.054
CZK bln 772.488 749.870 712.245
NOTE. The bank said it sold foreign currency worth an equivalent of 80
million euros in spot foreign exchange market operations in July. It bought
foreign currency worth 250.04 million euros in client operations in July.
CZECH M2 MONEY SUPPLY END-AUG 10 END-JULY 10 END-AUG 09
M1 change yr/yr 14.8 15.0 10.2
M2 change yr/yr 4.6 4.8 4.0
Loans to businesses
and households yr/yr 1.1 0.7 4.4
M2-M1 (deposits) yr/yr -11.0 -9.7 -4.2
