(last updated on July 13 with end-May 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 06/10 05/10 06/09
pct change month/month 0.0 0.1 0.0
pct change year/year 1.2 1.2 1.2
NOTE: The average rate of inflation over the past 12 months was 0.6 percent
in June.
CZECH BALANCE OF PAYMENTS 05/10 04/10 05/09 01-05/10
(CZK billion)
I. CURRENT ACCOUNT -23.98 12.40 -15.65 4.47
Trade balance 18.72 21.19 13.95 102.55
Balance of services -6.00 -2.14 3.62 -15.49
Income balance -39.46 -6.03 -29.74 -83.47
Current transfers 2.76 -0.63 -3.48 0.88
II. CAPITAL ACCOUNT 7.68 0.02 1.50 10.00
III. FINANCIAL ACCOUNT 36.37 -20.36 3.77 -6.11
Net Direct Investment 7.67 3.89 -3.10 47.76
Czech abroad -0.54 -2.06 -8.71 -19.74
Into Czech Republic 8.21 5.95 5.61 67.50
Net Portfolio Investment -4.90 32.33 44.20 41.06
Assets -5.38 8.71 2.63 3.35
Liabilities 0.49 23.61 41.57 37.71
Other Investments 39.66 -57.93 -33.34 -96.36
Change in foreign exchange
reserves (minus = growth) -5.73 1.70 -3.03 2.77
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -20.06 7.95 10.38 -8.35
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 01-06/10 01-05/10 01-06/09
revenue (CZK bln) 507.94 385.93 506.69
expenditure 583.60 481.28 574.95
balance -75.66 -95.36 -68.26
FOREIGN TRADE 05/10 04/10 05/09 01-05/10
(in bln CZK)
exports 205.82 199.53 (198.75) 165.42 984.81
imports 193.48 184.36 (183.36) 153.66 910.09
balance 12.34 15.17 (15.39) 11.76 +74.72
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 24.4 13.5 (13.0) -21.1 14.1
nominal imports 25.9 13.5 (12.9) -23.1 13.2
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-JUNE 10 END-MAY 10 END-JUNE 09
euro bln 30.341 30.693 27.203
$ bln 37.219 37.777 38.448
CZK bln 779.622 782.969 704.287
NOTE. The bank said it sold foreign currency worth an equivalent of 84
million euros in spot foreign exchange market operations in May. It bought
foreign currency worth 170.29 million euros in client operations in May.
CZECH M2 MONEY SUPPLY END-MAY 10 END-APR 10 END-MAY 09
M1 change yr/yr 14.4 8.7 8.3
M2 change yr/yr 4.0 5.1 7.3
Loans to businesses
and households yr/yr 0.2 -0.2 9.5
M2-M1 (deposits) yr/yr -9.9 0.3 6.0
