INSTANT VIEW 1-Czech March retail sales hit 3-1/2-yr high

...sharp rebound in household spending, data showed on Monday. 
 
KEY POINTS: 
(change in percent)      March       Feb        March forecast 
RETAIL SALES (y/y)       10.5     10.1 (9.4)         6.5 
 
(Click on [ID:nPRA001308] for full table of March retail sales) 
 
- The headline, unadjusted figure includes car sales and 
repairs, fuel sales and spending on a variety of consumer goods, 
including foodstuffs. 
- Seasonally-adjusted sales including the auto segment rise by a 
real 1.7 percent month-on-month in March and jump 0.7 percent 
excluding the auto segment. 
- Ex-autos, retail sales up 8.8 percent year-on-year in real and 
seasonally adjusted terms, which the statistics office says is 
the second highest growth number on record. 
 
BACKGROUND: 
- April consumer inflation                       [ID:nL10545694] 
                                                 [ID:nL09606545] 
- March industrial output figures                [ID:nL15302934] 
- Report on last Czech c.bank rate decision      [ID:nPRA001284] 
                                 [ID:nPRG000331] [ID:nL26624395] 
 
LINKS: 
- For further details on March 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 ECONOMY/RETAIL  
    

[PRAGUE/Reuters/Finance.cz]