(last updated on Aug 17 with July producer prices)
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KEY INTEREST RATES 2-WEEK REPO DISCOUNT LOMBARD
rate 1.25 pct 0.25 pct 2.25 pct
last changed
(date of decision) Aug 06, 2009 Aug 06, 2009 Aug 06, 2009
former rate 1.50 pct 0.50 pct 2.50 pct
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CZECH GDP (in pct) Q2/09 Q1/09 Q2/08 2008
Real change yr/yr -4.9 -3.4 4.6 2.8
NOTE. All current data are seasonally adjusted and those from previous
quarters are revised.
CONSUMER INFLATION 07/09 06/09 07/08
pct change month/month -0.4 0.0 0.5
pct change year/year 0.3 1.2 6.9
NOTE: The average rate of inflation over the past 12 months was 3.1 percent
in July.
CZECH BALANCE OF PAYMENTS 06/09 05/09 06/08 01-06/09
(CZK billion)
I. CURRENT ACCOUNT -16.03 -11.72 -38.57 6.90
Trade balance 22.75 13.88 17.29 93.70
Balance of services 4.91 6.48 6.89 33.39
Income balance -41.60 -28.76 -61.47 -125.68
Current transfers -2.09 -3.32 -1.27 5.48
II. CAPITAL ACCOUNT 0.07 1.54 2.30 20.58
III. FINANCIAL ACCOUNT 25.56 4.84 52.12 -20.84
Net Direct Investment -5.45 -2.26 21.27 20.71
Czech abroad -9.68 -10.91 -0.83 -42.68
Into Czech Republic 4.23 8.66 22.10 63.38
Net Portfolio Investment 10.58 44.21 42.33 70.81
Assets 9.90 2.64 -7.18 25.77
Liabilities 0.68 41.57 49.51 45.03
Other Investments 16.35 -33.34 -10.36 -62.58
Change in foreign exchange
reserves (minus = growth) 4.16 -3.03 -0.53 -42.19
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS -9.60 5.34 -15.86 -6.64
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 01-07/09 01-06/09 01-07/08
revenue (CZK bln) 586.80 506.69 627.78
expenditure 662.96 574.95 618.50
balance -76.16 -68.26 9.27
NOTE. The full-year 2009 central state budget was approved by parliament
with a gap of 38.1 billion crowns. The government is aiming to keep the gap
below 170 billion deficit, and sees an overall public sector deficit of 5.5
percent of gross domestic product.
FOREIGN TRADE 06/09 05/09 06/08 01-06/09
(in bln CZK)
exports 185.80 165.02 218.82 1,048.36
imports 165.37 153.30 204.83 968.94
balance +20.43 +11.71 +13.98 +79.42
DYNAMICS OF TRADE (pct y/y change in CZK terms)
nominal exports -15.1 -21.2 2.7 -19.2
nominal imports -19.3 -23.2 0.8 -21.5
NOTE. All data are subject to further revision. Numbers may not add up due
to rounding.
CZECH FOREX RESERVES END-JULY 09 END-JUNE 09 END-JULY 08
euro bln 27.450 27.203 24.299
$ bln 38.821 38.445 37.930
CZK bln 702.042 704.287 581.952
NOTE. The central bank said it sold foreign currency worth an equivalent of
88 million euros in spot foreign exchange market operations in June. It sold
foreign currency worth 90.29 million euros in client operations in June.
CZECH M2 MONEY SUPPLY END-JUNE 09 END-MAY 09 END-JUNE 08
M1 change yr/yr 8.7 8.3 9.7
M2 change yr/yr 7.1 7.3 6.7
Loans to businesses
and households yr/yr 7.2 9.5 23.7
M2-M1 (deposits) yr/yr 4.9 6.0 2.7
