INSTANT VIEW 1-Czech Feb c/a balance shows surplus

...49 billion crown surplus a month 
earlier, data showed on Friday. 
    The 12-month rolling deficit narrowed marginally to 128 
billion crowns, or 4.1 percent of last year's gross domestic 
product (GDP) according to Reuters' calculations, from 133 
billion crowns a month earlier. 
 
KEY POINTS: 
(CZK billions)           Feb         Jan           Feb forecast 
Current Account           4.00        5.49           7.00 
Financial Account         5.15      -15.21           n/a 
Net Direct Investment    13.38      -12.82           n/a 
 
 (For full table, double click on..................[nPRA001248]) 
 
- The monthly surplus is mainly due to a 13.61 billion crown 
surplus in the balance of foreign trade balance following a 11.6 
billion crown surplus in January. The balance of services 
surplus doubles to 1.24 billion crowns from 0.64 billion. 
- Net foreign direct investment inflows total 13.4 billion 
crowns, which includes 6.2 bilion crowns in reinvested profits. 
- Portfolio investments show a net 1.5 billion crown inflow, 
mainly due to sales of local currency government bonds and 
equities by foreign investors. 
 
BACKGROUND: 
- Analyst expectations before data release        [ID:nL2940601] 
- Czech Feb foreign trade figures                 [ID:nL0424065] 
- Polish Jan C/A                                 [ID:nWAR005477] 
- Slovak Jan C/A gap                             [ID:nLPRG000284 
- Hungary's Q4 C/A gap                           [ID:nL30184266] 
- Report on last Czech c.bank rate decision      [ID:nPRA001221] 
                 [ID:nL06735130] [ID:nPRA001222] [ID:nL29598110] 
 
LINKS: 
- For further details on February 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                       
 
  
 ($1=20.77 Czech Crown) 
  Keywords: CZECH ECONOMY/BALANCE