INSTANT VIEW 1-Czech March industry output surges,beats fcast

...sustaining its robust pace 
of expansion this year, data showed on Tuesday. 
 
KEY POINTS: 
(brackets denote previously reported data) 
(y/y change in pct)      March    Feb             March forecast 
 Industrial output       12.7     13.6 (15.4)       9.1 
 Industrial sales        13.2     15.1 (16.8)       n/a 
 Construction output     26.4     32.5              n/a 
 
 (Full table of data............................[ID:nPRA001299]) 
 
- Statistics bureau says the sector's growth holds in double 
digits for third consecutive month. 
- Seasonally-adjusted output rises 2.3 percent month-on-month. 
- Adjusted for seasonal factors, output increases 13.5 percent 
year-on-year. 
- Direct exports sales, accounting for slightly more than half 
of sales in the entire industrial sector, up 17.0 percent in 
real terms, slowing after a 22.7 percent rise a month ago. 
 
BACKGROUND: 
- March foreign trade figures....................[ID:nL09284340] 
                                                 [ID:nL09606545] 
- Report on last Czech c.bank rate decision      [ID:nPRA001284] 
                                 [ID:nPRG000331] [ID:nL26624395] 
LINKS: 
- For further details on March 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                       
 
  
  Keywords: CZECH ECONOMY/INDUSTRY  
    

[PRAGUE/Reuters/Finance.cz]