(last updated on Jan 13 with end-Nov 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 12/10 11/10 12/09
pct change month/month 0.5 0.2 0.2
pct change year/year 2.3 2.0 1.0
NOTE: The average rate of inflation over the past 12 months
was 1.5 percent in December.
CZECH BALANCE OF PAYMENTS 11/10 10/10 11/09 01-11/10
(CZK billion)
I. CURRENT ACCOUNT -1.98 0.62 -1.01 -92.20
Trade balance 19.30 22.41 18.16 193.95
Balance of services -3.76 -3.23 0.24 -32.40
Income balance -12.13 -15.78 -16.19 -243.74
Current transfers -5.39 -2.78 -3.22 -10.00
II. CAPITAL ACCOUNT 0.41 0.06 6.60 26.81
III. FINANCIAL ACCOUNT 31.24 11.91 19.33 114.19
Net Direct Investment 2.88 9.88 7.38 111.66
Czech abroad -3.92 -0.88 -0.70 -23.27
Into Czech Republic 6.80 10.76 8.08 134.93
Net Portfolio Investment 0.05 1.96 3.25 150.96
Assets 2.77 -5.68 0.31 8.03
Liabilities -2.72 7.65 2.95 142.93
Other Investments 13.10 -5.71 15.02 -109.13
Change in foreign exchange
reserves (minus = growth) 15.51 6.06 -6.24 -36.86
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -29.68 -12.59 -24.92 -48.80
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 01-12/10 01-11/10 01-12/09
revenue (CZK bln) 1,000.50 897.92 974.61
expenditure 1,156.79 1,038.67 1,167.01
balance -156.29 -140.76 -192.39
NOTE. The full-year 2010 central state budget was approved
with a gap of 162.7 billion crowns, later amended to 162.9
billion.
FOREIGN TRADE 11/10 10/10 11/09 01-11/10
(in bln CZK)
exports 238.28 231.41 (231.70) 196.95 2,300.32
imports 226.44 216.87 (216.41) 182.40 2,177.76
balance 11.84 14.54 (15.30) 14.55 122.56
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 21.0 17.1 (17.2) 1.0 16.5
nominal imports 24.1 19.7 (19.4) -6.9 19.2
NOTE. All data are subject to further revision. Numbers may
not add up due to rounding.
CZECH FOREX RESERVES END-DEC 10 END-NOV 10 END-DEC 09
euro bln 31.679 31.859 28.880
$ bln 42.338 41.418 41.611
CZK bln 793.873 794.617 764.312
NOTE. The bank said it sold foreign currency worth an
equivalent of 84 million euros in spot foreign exchange market
operations in November. It bought foreign currency worth 20.43
million euros in client operations in November.
CZECH M2 MONEY SUPPLY END-NOV 10 END-OCT 10 END-NOV 09
M1 change yr/yr 13.1 15.3 10.5
M2 change yr/yr 3.6 4.4 4.1
Loans to businesses
and households yr/yr 2.4 2.1 1.3
M2-M1 (deposits) yr/yr -11.8 -12.2 -4.9
