(last updated on Aug 9 with July inflation and unemployment)
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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 07/10 06/10 07/09
pct change month/month 0.3 0.0 -0.4
pct change year/year 1.9 1.2 0.3
NOTE: The average rate of inflation over the past 12 months was 0.8 percent
in July.
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 01-07/10 01-06/10 01-07/09
revenue (CZK bln) 586.57 507.94 586.80
expenditure 655.58 583.60 662.96
balance -69.01 -75.66 -76.16
NOTE. The full-year 2010 central state budget was approved by parliament
with a gap of 162.7 billion crowns.
FOREIGN TRADE 06/10 05/10 06/09 01-06/10
(in bln CZK)
exports 222.79 205.44 (205.82) 186.18 1,206.67
imports 212.37 193.38 (193.48) 165.89 1,123.444
balance 10.42 12.07 (12.34) 20.29 +83.23
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports 19.7 24.2 (24.4) -15.1 15.0
nominal imports 28.0 25.9 (25.9) -19.3 15.8
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-JULY 10 END-JUNE 10 END-JULY 09
euro bln 30.180 30.730 27.518
$ bln 39.316 37.695 38.916
CZK bln 748.153 789.602 703.759
NOTE. The bank said it sold foreign currency worth an equivalent of 88
million euros in spot foreign exchange market operations in June. It bought
foreign currency worth 342.09 million euros in client operations in June.
CZECH M2 MONEY SUPPLY END-JUNE 10 END-MAY 10 END-JUNE 09
M1 change yr/yr 12.1 14.4 8.7
M2 change yr/yr 5.2 4.1 7.1
Loans to businesses
and households yr/yr 0.4 0.2 7.3
M2-M1 (deposits) yr/yr -4.9 -9.9 4.9
