(last updated on May 29 with end-April money supply)
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KEY INTEREST RATES 2-WEEK REPO DISCOUNT LOMBARD
rate 1.50 pct 0.50 pct 2.50 pct
last changed
(date of decision) May 07, 2009 May 07, 2009 May 07, 2009
former rate 1.75 pct 0.75 pct 2.75 pct
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CZECH GDP (in pct) Q1/09 Q4/08 Q1/08 2008
Real change yr/yr -3.4 0.7 4.9 3.1
NOTE. All current data are seasonally adjusted and those from previous
quarters are revised.
CONSUMER INFLATION 04/09 03/09 04/08
pct change month/month -0.1 0.2 0.4
pct change year/year 1.8 2.3 6.8
NOTE: The average rate of inflation over the past 12 months was 4.6 percent
in April.
CZECH BALANCE OF PAYMENTS 03/09 02/09 03/08 01-03/09
(CZK billions)
I. CURRENT ACCOUNT 5.68 17.13 6.88 21.29
Trade balance 26.01 9.50 12.19 39.83
Balance of services 7.60 7.34 6.48 22.94
Income balance -28.71 -10.42 -11.18 -49.83
Current transfers 0.77 10.72 -0.60 8.34
II. CAPITAL ACCOUNT 1.21 13.47 0.39 14.93
III. FINANCIAL ACCOUNT -1.37 -14.28 -14.99 -22.65
Net Direct Investment 10.72 8.97 -5.01 24.00
Czech abroad -2.71 -2.35 -2.69 -10.56
Into Czech Republic 13.44 11.32 -2.31 -34.56
Net Portfolio Investment 11.06 0.41 -4.44 15.01
Assets 16.29 7.54 10.16 26.20
Liabilities -5.23 -7.13 -14.60 -11.19
Other Investments -20.09 3.60 -0.99 -22.55
Change in foreign exchange
reserves (minus = growth) -0.60 -27.73 -3.09 -36.17
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -5.52 -16.31 7.72 -13.56
NOTE. All 2009 figures are subject to revision. The 2008 figures are
revised. The CNB releases the monthly figures according to ECB methodology.
CZECH STATE BUDGET 01-04/09 01-03/09 01-04/08
revenue (CZK bln) 341.25 271.57 348.64
expenditure 396.91 273.91 376.73
balance -55.66 -2.35 -28.09
NOTE. The full-year 2009 central state budget was approved by parliament
with a gap of 38.1 billion crowns but is expected to reach about 150 billion due
to the impact of the global financial crisis.
FOREIGN TRADE 03/09 02/09 03/08 01-03/09
(in bln CZK)
exports 199.66 169.43 213.01 530.94
imports 176.27 160.74 203.70 495.40
balance +23.38 +8.70 +9.31 +35.54
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports -6.3 -22.2 -2.3 -17.5
nominal imports -13.5 -21.5 0.0 -18.8
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-APR 09 END-MAR 09 END-APR 08
euro bln 27.873 27.696 24.660
$ bln 37.000 36.875 38.325
CZK bln 744.486 758.324 621.671
NOTE. The central bank said it sold foreign currency worth an equivalent of
75 million euros in spot foreign exchange market operations in March. It bought
foreign currency worth 8.05 million euros in client operations in March.
CZECH M2 MONEY SUPPLY END-APR 09 END-MAR 09 END-APR 08
M1 change yr/yr 9.6 10.1 9.4
M2 change yr/yr 7.9 9.1 8.1
Loans to businesses
and households yr/yr 11.6 13.3 24.7
M2-M1 (deposits) yr/yr 5.6 7.8 6.5
