(last updated on Jan 10 with Dec inflation and unemployment
and end-2010 state debt)
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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 10/10 09/10 10/09 01-10/10
(CZK billion)
I. CURRENT ACCOUNT 0.62 -19.40 10.29 -90.22
Trade balance 22.41 18.05 18.85 174.65
Balance of services -3.23 -3.51 -0.07 -28.64
Income balance -15.78 -31.28 -7.20 -231.62
Current transfers -2.78 -2.66 -1.29 -4.62
II. CAPITAL ACCOUNT 0.06 0.23 1.68 26.40
III. FINANCIAL ACCOUNT 11.91 18.56 -7.85 82.94
Net Direct Investment 9.88 19.63 4.36 108.78
Czech abroad -0.88 -0.66 -0.69 -19.36
Into Czech Republic 10.76 20.29 5.05 128.13
Net Portfolio Investment 1.96 53.12 27.67 150.92
Assets -5.68 -1.87 3.01 5.27
Liabilities 7.65 54.99 24.66 145.65
Other Investments -5.71 -5.53 -37.38 -122.23
Change in foreign exchange
reserves (minus = growth) 6.06 -48.47 -2.60 -52.36
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -12.59 0.62 -4.12 -19.12
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
