INSTANT VIEW 1-Czech Q1 c/a deficit a tad wider at 3.2 pct/GDP

07.06.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, June 7 (Reuters) - The Czech current account showed a 477 million euro ($643.8 million) surplus in the first quarter after a revised...

...fourth quarter deficit of 1.63 billion euros, 
quarterly data released by the central bank showed on Thursday. 
    The rolling 12-month deficit widened a touch to 3.2 percent 
of gross domestic product (GDP) from a downwardly revised 3.1 
percent in the fourth quarter of last year, according to central 
bank estimates.  
    Its preliminary data released in March put the deficit at 
4.2 percent of GDP at the end of the fourth quarter. 
 
KEY POINTS: 
(brackets denote previously reported data) 
(euros mln)                   Q1 2007     Q1-Q4 2006 
Current Account                 477.4     -3.561.4 (-4,719.4) 
Financial Account              -516.0      3,957.2 ( 3,937.9) 
Net Direct Investment           937.2      3,686.7 ( 3,680.2) 
 
 (Full balance of payments table...................[nPRA001334] 
 
- The quarterly figures are calculated under IMF methodology and 
merely update and detail more closely-watched monthly data 
 that have already been reported for the period, 
albeit under slightly different methodology used by the European 
Central Bank (ECB). 
 
BACKGROUND: 
- For monthly balance of payments data, click on  [ID:nL1889992] 
- April foreign trade figures                    [ID:nL06479683] 
- Report on last Czech c.bank rate decision      [ID:nPRA001319] 
                                 [ID:nL31276683] [ID:nL31320495] 
 
LINKS: 
- For further details on first quarter balance 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                       
 
 

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