(last updated on June 16 with end-April 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 Q1 GDP (pct) Q/Q YR/YR
Real change 0.5 (0.2) 1.1 (1.2)
consumption -0.4 0.4
Household 0.7 -0.5
Government -2.7 2.0
Gross capital formation 7.4 -4.5
Fixed -5.9 -6.6
Foreign trade
Exports 3.0 12.9
of goods 5.8 15.1
of services -10.4 1.7
Imports 4.6 10.7
of goods 6.6 12.0
of services -5.6 3.4
NOTE. GDP totalled 905.017 billion crowns for the first quarter in nominal
terms.
CONSUMER INFLATION 05/10 04/10 05/09
pct change month/month 0.1 0.3 0.0
pct change year/year 1.2 1.1 1.3
NOTE: The average rate of inflation over the past 12 months was 0.6 percent
in May.
CZECH BALANCE OF PAYMENTS 04/10 03/10 04/09 01-04/10
(CZK billion)
I. CURRENT ACCOUNT 12.40 -9.27 3.60 28.46
Trade balance 21.19 23.89 15.84 83.83
Balance of services -2.14 -3.04 3.67 -9.49
Income balance -6.03 -26.71 -20.35 -44.00
Current transfers -0.63 -3.41 4.44 -1.88
II. CAPITAL ACCOUNT 0.02 1.91 3.36 2.31
III. FINANCIAL ACCOUNT -20.36 -16.44 -11.60 -42.48
Net Direct Investment 3.89 20.19 3.36 40.09
Czech abroad -2.06 -13.90 -1.47 -19.21
Into Czech Republic 5.95 34.09 4.84 59.30
Net Portfolio Investment 32.33 4.66 19.44 45.96
Assets 8.71 0.77 8.26 8.74
Liabilities 23.61 3.89 11.19 37.22
Other Investments -57.93 -47.24 -24.47 -136.02
Change in foreign exchange
reserves (minus = growth) 1.70 5.91 -7.15 8.51
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS 7.95 23.80 4.64 11.71
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 01-05/10 01-04/10 01-05/09
revenue (CZK bln) 385.93 321.52 400.03
expenditure 481.28 399.75 471.44
balance -95.36 -78.23 -71.41
FOREIGN TRADE 04/10 03/10 04/09 01-04/10
(in bln CZK)
exports 198.75 218.77 (219.53) 175.85 775.88
imports 183.36 201.20 (201.27) 162.38 714.70
balance 15.39 17.57 (18.27) 13.47 +61.18
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 13.0 12.3 (12.7) -21.9 11.1
nominal imports 12.9 15.7 (15.8) -25.8 9.9
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-MAY 10 END-APR 10 END-MAY 09
euro bln 30.804 29.527 27.369
$ bln 37.914 39.314 38.595
CZK bln 785.815 755.145 734.307
NOTE. The bank said it sold foreign currency worth an equivalent of 92
million euros in spot foreign exchange market operations in March. It sold
foreign currency worth 75.18 million euros in client operations in March.
CZECH M2 MONEY SUPPLY END-APR 10 END-MAR 10 END-APR 09
M1 change yr/yr 8.7 7.3 9.6
M2 change yr/yr 5.2 3.3 7.9
Loans to businesses
and households yr/yr -0.3 -0.1 11.6
M2-M1 (deposits) yr/yr 0.4 -2.4 5.7
