INSTANT VIEW 1-Czech April industry output hits 1-year high

...economy was sustaining a robust pace of 
expansion, data showed on Tuesday. 
 
KEY POINTS: 
(brackets denote previously reported data) 
(y/y change in pct)      April    March           April forecast 
 Industrial output       14.0     11.0 (12.7)      13.5 
 Industrial sales        14.4     11.8 (13.2)       n/a 
 Construction output     17.6     26.4              n/a 
 
 (Full table of data............................[ID:nPRA001345]) 
 
- Statistics bureau says the sector's growth holds in double 
digits for fourth consecutive month. Annual growth is fastest 
since March 2006. 
- Seasonally-adjusted output falls 0.5 percent month-on-month. 
- Adjusted for the effect of one more working day over a year 
ago, output increases 11.5 percent year-on-year. 
- Direct exports sales, accounting for slightly more than half 
of sales in the entire industrial sector, up 22.0 percent in 
real terms, quickening after a 15.5 percent rise a month ago. 
 
BACKGROUND: 
- 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 April 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] 
 
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- For Czech money markets data click on                 
- Czech money guide                                       
- Czech benchmark state bond prices                    
- Czech forward money market rates                       
 
  
  Keywords: CZECH ECONOMY/INDUSTRY