INSTANT VIEW 1-Czech Feb retail sales rise fastest in 3.5 yrs

...pointing to an accelerating rebound in 
household spending, data released on Tuesday showed. 
 
KEY POINTS: 
(change in percent)      Feb         Jan         Feb forecast 
RETAIL SALES (y/y)       9.4      7.6 (7.7)         6.5 
 
(Click on [ID:nPRA001252] for full table of February retail 
sales) 
 
- The headline, unadjusted figure includes car sales and 
repairs, fuel sales and spending on a variety of consumer goods, 
including foodstuffs. 
- Year-on-year growth fastest since September 2003, according to 
Reuters data. 
- Seasonally-adjusted sales including the auto segment rise by a 
real 0.6 percent month-on-month in February and jump 1.5 percent 
excluding the auto segment. 
 
BACKGROUND: 
- March consumer inflation                       [ID:nL10126435] 
- Feb industrial output figures                  [ID:nL11620237] 
- Report on last Czech c.bank rate decision      [ID:nPRA001221] 
                 [ID:nL06735130] [ID:nPRA001222] [ID:nL29598110] 
 
LINKS: 
- For further details on February retail sales 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-slu 
 
- 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                       
 
  
  Keywords: CZECH RETAIL/