INDICATORS - Czech Republic - April 11

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KEY INTEREST RATES    2-WEEK REPO       DISCOUNT        LOMBARD 
rate                    2.50 pct        1.50 pct        3.50 pct 
last changed 
 (date of decision)   Sept 27, 2006   Sept 27, 2006   Sept 27,2006 
former rate             2.25 pct        1.25 pct        3.25 pct 
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CZECH GDP (in pct)             Q4/06    Q3/06    Q4/05    2006 
 Real change yr/yr              5.8      5.9      6.7      6.1 
 Final consumption              4.6      2.5      2.0      3.2 
  Household                     5.4      4.3      2.9      4.6 
  Government                    2.6     -1.8     -0.1      0.3 
 Gross capital formation       11.1     13.0      4.8     12.2 
  fixed capital formation       7.6      8.0      3.2      7.3 
 Foreign trade balance          n/a      n/a      n/a      n/a 
  exports of goods             18.1     12.8     12.2     16.2 
  export of services           12.4      4.0     -5.0      2.6 
  imports of goods             18.5     12.0      6.4     15.4 
  imports of services          14.9      3.4     -6.7      5 2 
    NOTE. In the fourth quarter, GDP totalled 839.4 billion crowns in nominal 
terms. All data from previous quarters are revised. 
 
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. All 2007 figures are subject to revision. The 2006 figures are 
revised. The CNB releases the monthly figures according to ECB methodology. 
  
CZECH FOREX RESERVES  END-MARCH 07    END-FEB 07    END-MARCH 06 
 euro bln                23.758         23.935         24.570 
 $ bln                   31.643         31.620         29.741 
 CZK bln                665.225        677.364        702.574 
    NOTE. The central bank said it sold foreign currency worth an equivalent of 
94 million euros in spot foreign exchange market operations in February. It 
bought foreign currency worth 163.14 million euros in client operations in 
February. 
  
MONETARY BASE            END-FEB 07    END-JAN 07     END-FEB 06 
 (in CZK bln) 
 CNB monetary base         354.7         349.4          316.7 
  currency                 317.6         313.6          285.8 
  bank reserves             37.1          35.9           30.9 
   mandatory reserves       37.1          36.7           33.6 
 
CZECH M2 MONEY SUPPLY      END-FEB 07    END-JAN 07   END-FEB 06 
 M1 change yr/yr             13.6          14.3         14.5 
 M2 change yr/yr             10.6          10.1          8.6 
 Loans to businesses 
  and households yr/yr       20.3          20.7         20.0 
 M2-M1 (deposits)  yr/yr      7.0           5.0          2.0 
 
CONSUMER INFLATION            MARCH 07      FEB 07     MARCH 06 
 pct change month/month         0.3          0.3        -0.1 
 pct change year/year           1.9          1.5         2.8