INSTANT VIEW 1-Czech FY 2006 C/A deficit widens to 4.2 pct/GDP

    PRAGUE, March 8 (Reuters) - The Czech current account showed 
a 1.8 billion euro deficit in the fourth quarter after a revised 
third quarter deficit of 1.5 billion euros, quarterly data 
released by the central bank showed on Thursday. 
    The rolling 12-month deficit widened to 4.2 percent of gross 
domestic product (GDP) from 3.4 percent at the end the third 
quarter, according to central bank estimates. 
 
KEY POINTS: 
(euros mln)                   Q4 2006     Q3 2006    Q1-Q4 2006 
Current Account              -1,795.4    -1,543.8    -4,719.4 
Financial Account             1,591.6     1,668.7     3,937.9 
Net Direct Investment         1,053.5     1,424.0     3,680.2 
 
 (Full balance of payments table...................[nPRA001185]) 
 
- The quarterly figures are calculated under IMF methodology and 
merely update and detail more closely-watched monthly data 
 that have already been reported for the period, 
albeit under slightly different methodology used by the European 
Central Bank (ECB). 
 
BACKGROUND: 
- For monthly balance of payments data, click on [ID:nL12853499] 
- January foreign trade figures                  [ID:nL06520638] 
- Report on last Czech c.bank rate decision      [ID:nL01449456] 
                                                 [ID:nPRA001176] 
 
LINKS: 
- For further details on fourth quarter balance of payments 
numbers and past data, Reuters 3000 Xtra users can click on the 
Czech National Bank's website: 
    http://www.cnb.cz/en/statistics/bop_stat/ 
 
- For LIVE Czech economic data releases, click on        
- Instant Views on other Czech data                 [CZ/INSTANT] 
- Overview of Czech macroeconomic indicators            [CZ/ECI] 
 
- Key data releases in central Europe    [CEE-CONVERGENCE-WATCH] 
- For Czech money markets data click on                 
- Czech money guide                                       
- Czech benchmark state bond prices                    
- Czech forward money market rates