(last updated on Nov 15 with Oct producer prices)
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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 1.1 3.0
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 N 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 10/10 09/10 10/09
pct change month/month -0.2 -0.3 -0.2
pct change year/year 2.0 2.0 -0.2
NOTE: The average rate of inflation over the past 12 months was 1.2 percent
in October.
CZECH BALANCE OF PAYMENTS 09/10 08/10 09/09 01-09/10
(CZK billion)
I. CURRENT ACCOUNT -18.55 -18.11 -6.72 -79.63
Trade balance 19.36 6.77 19.31 156.93
Balance of services -4.32 -4.58 1.06 -24.39
Income balance -31.43 -22.45 -23.76 -213.19
Current transfers -2.17 2.15 -3.34 1.02
II. CAPITAL ACCOUNT 0.25 10.60 0.67 26.36
III. FINANCIAL ACCOUNT 7.67 21.42 -15.27 64.03
Net Direct Investment 9.12 12.11 -34.65 108.50
Czech abroad -1.11 -0.96 -12.41 -20.66
Into Czech Republic 10.23 13.07 -22.24 129.16
Net Portfolio Investment 53.12 15.95 9.80 148.95
Assets -1.87 8.69 10.78 10.95
Liabilities 54.99 7.27 -0.98 138.01
Other Investments -6.42 2.01 9.27 -134.64
Change in foreign exchange
reserves (minus = growth) -48.47 -8.88 1.09 -58.43
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS 10.64 -13.90 21.32 -10.76
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 09/10 08/10 09/09 01-09/10
(in bln CZK)
exports 231.64 196.99 (196.06) 196.83 1,835.08
imports 219.29 196.22 (195.53) 179.98 1,736.27
balance 12.35 0.77 (0.54) 16.85 98.81
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 17.7 23.5 (23.0) -11.8 16.2
nominal imports 21.8 30.5 (30.1) -15.4 18.7
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-OCT 10 END-SEPT 10 END-OCT 09
euro bln 31.745 32.219 27.976
$ bln 43.995 43.989 41.402
CZK bln 781.086 792.903 740.390
NOTE. The bank said it sold foreign currency worth an equivalent of 84
million euros in spot foreign exchange market operations in September. It bought
foreign currency worth 174.79 million euros in client operations in September.
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
