(last updated on Nov 1 with end-Oct state budget)
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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 09/10 08/10 09/09
pct change month/month -0.3 -0.3 -0.4
pct change year/year 2.0 1.9 0.0
NOTE: The average rate of inflation over the past 12 months was 1.1 percent
in September.
CZECH BALANCE OF PAYMENTS 08/10 07/10 08/09 01-08/10
(CZK billion)
I. CURRENT ACCOUNT -18.11 -32.53 -10.50 -61.07
Trade balance 6.77 12.77 11.31 137.57
Balance of services -4.58 -3.42 1.20 -20.08
Income balance -22.45 -38.14 -18.41 -181.76
Current transfers 2.15 -3.75 -4.60 3.19
II. CAPITAL ACCOUNT 10.60 3.67 0.03 26.11
III. FINANCIAL ACCOUNT 21.42 33.36 26.45 56.36
Net Direct Investment 12.11 24.29 4.34 99.38
Czech abroad -0.96 -1.39 -0.71 -19.55
Into Czech Republic 13.07 25.68 5.05 118.93
Net Portfolio Investment 15.95 8.58 13.00 95.83
Assets 8.69 -3.70 5.73 12.81
Liabilities 7.27 12.27 7.27 83.02
Other Investments 2.01 5.01 4.38 -128.22
Change in foreign exchange
reserves (minus = growth) -8.88 -4.74 4.47 -9.96
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -13.90 -4.50 -15.99 -21.40
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 01-10/10 01-09/10 01-10/09
revenue (CZK bln) 834.51 745.95 809.83
expenditure 931.24 845.51 947.92
balance -96.73 -99.56 -138.09
NOTE. The full-year 2010 central state budget was approved by parliament
with a gap of 162.7 billion crowns.
FOREIGN TRADE 08/10 07/10 08/09 01-08/10
(in bln CZK)
exports 196.06 200.10 (199.67) 159.46 1,601.78
imports 195.53 194.64 (193.33) 150.31 1,514.93
balance 0.54 5.46 (6.34) 9.15 86.85
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 23.0 16.3 (16.0) -8.2 15.9
nominal imports 30.1 21.3 (20.5) -12.7 18.0
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-SEPT 10 END-AUG 10 END-SEPT 09
euro bln 32.107 31.0040 28.054
$ bln 43.837 39.365 41.099
CZK bln 790.163 771.352 705.990
NOTE. The bank said it sold foreign currency worth an equivalent of 88
million euros in spot foreign exchange market operations in August. It bought
foreign currency worth 116.85 million euros in client operations in August.
CZECH M2 MONEY SUPPLY END-SEPT 10 END-AUG 10 END-SEPT 09
M1 change yr/yr 15.3 14.8 8.3
M2 change yr/yr 4.7 4.6 4.3
Loans to businesses
and households yr/yr 1.1 1.2 2.8
M2-M1 (deposits) yr/yr -11.7 -10.9 -1.3
