March 14 (Reuters) - The Czech National Bank (CNB) released
on Wednesday the following balance of payments data for January:
CZECH BALANCE...
...OF PAYMENTS 01/07 12/06 01/06 01-12/06
(CZK billions)
I. CURRENT ACCOUNT 5.49 -14.91 4.34 -133.76
Trade balance 10.96 -2.85 11.99 44.39
Balance of services 0.64 -2.11 0.39 12.51
Income balance -2.52 -10.72 -6.50 -183.43
Current transfers -3.58 0.77 -1.55 -7.24
II. CAPITAL ACCOUNT 1.05 2.73 1.33 8.63
III. FINANCIAL ACCOUNT -15.21 6.58 -10.82 109.54
Net Direct Investment 12.67 20.83 13.09 104.31
Czech abroad -1.05 -1.55 -0.61 -30.37
Into Czech Republic 13.73 22.38 13.70 134.68
Net Portfolio Investment -12.82 9.41 -2.43 -26.88
Assets -3.31 -2.88 -10.22 -68.38
Liabilities -9.52 12.29 7.79 41.50
Other Investments -9.50 -22.46 -21.37 40.51
Change in foreign exchange
reserves (minus = growth) -0.53 1.20 3.96 -2.07
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS 8.67 5.60 5.16 15.60
NOTE. Analysts polled by Reuters had forecast a monthly
current account deficit of 0.70 billion crowns ($32.69 million)
for January .
All 2007 figures are subject to revision. The 2006 figures
are revised. The CNB releases the monthly figures according to
ECB methodology.
(Reporting by Mirka Krufova in Prague)
($1=21.41 Czech Crown)
Keywords: CZECH ECONOMY/BALANCE