INSTANT VIEW 1-Czech Jan industry output jumps, beats fcast

    PRAGUE, March 13 (Reuters) - Czech industrial output rose by 
a much stronger than expected 9.8 percent year-on-year in 
January, regaining a robust pace of growth after a slowdown to  
3.0 percent in the previous month, data showed on Tuesday. 
 
KEY POINTS: 
(brackets denote previously reported data) 
(y/y change in pct)      Jan      Dec              Dec forecast 
 Industrial output       9.8      3.0               6.0 
 Industrial sales       11.0      4.9               n/a 
 
 (Full table of data............................[ID:nPRA001195]) 
 
- Seasonally-adjusted output jumps 2.3 percent month-on-month. 
- Adjusted for seasonal factors, output rises 8.9 percent 
year-on-year. 
- Vehicle production up 10.7 percent, which contributed 2.4 
percentage points to the industrial output growth. 
- Production of electrical and optical equipment rises 16.4 
percent to add 1.9 percentage points to the overall growth. 
- Production of rubber and plastics jumps 27.9 percent, adding a 
further 1.5 percentage points to the headline growth number. 
- On the other hand, electricity, gas and water production and 
distribution falls 5.3 percent, subtracting half a percentage 
point from the overall growth figure. 
- Direct exports sales, accounting for about half of sales in 
the entire industrial sector, up 17.6 percent in real terms, 
slowing from a 9.6 percent rise a month earlier. 
  
BACKGROUND: 
- Jan foreign trade figures......................[ID:nL06520638] 
- Report on last Czech c.bank rate decision      [ID:nPRA001176] 
                                 [ID:nPRA001190] [ID:nL01449456] 
 
LINKS: 
- For further details on January output and sales numbers and 
past data, Reuters 3000 Xtra users can click on the Czech 
Statistical Bureau's Website: 
    http://www.czso.cz/eng/csu.nsf/kalendar/2004-pru 
 
- 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                       
 
 ((Writing by Marek Petrus; Editing by Alan Crosby; 
prague.newsroom@reuters.com; Reuters Messaging: 
marek.petrus.reuters.com@reuters.net; +420 224 190 477)) 
  Keywords: CZECH ECONOMY/INDUSTRY