INDICATORS - Czech Republic - Aug 16

...------------------------------------------------------------------------------- 
KEY INTEREST RATES    2-WEEK REPO       DISCOUNT        LOMBARD 
rate                    3.00 pct        2.00 pct        4.00 pct 
last changed 
 (date of decision)    July 26, 2007    July 26, 2007   July 26, 2007 
former rate             2.75 pct        1.75 pct        3.75 pct 
=============================================================================== 
CZECH GDP (in pct)             Q1/07    Q4/06    Q1/06    2006 
 Real change yr/yr              6.1      6.1      6.6      6.4 
 Final consumption              4.7      4.6      3.8      3.4 
  Household                     6.7      5.4      3.8      4.4 
  Government                    0.4      2.4      3.8      1.1 
 Gross capital formation       13.4     10.2      7.5     11.7 
  fixed capital formation       1.5      8.1      6.8      7.6 
 Foreign trade balance          n/a      n/a      n/a      n/a 
  exports of goods             16.7     19.2     21.8     16.9 
  export of services           -1.3      3.2     17.9      9.1 
  imports of goods             17.9     19.0     18.7     15.6 
  imports of services           5.1      4.4     27.8     12 8 
    NOTE. In the first quarter, GDP totalled 816.1 billion crowns in nominal 
terms. All data from previous quarters are revised. 
 
CZECH BALANCE OF PAYMENTS      06/07    05/07    06/06  01-06/07 
 (CZK billions) 
I. CURRENT ACCOUNT            -13.33    -5.35   -22.46    -22.09 
 Trade balance                 12.09     9.57     9.46     69.38 
 Balance of services            2.98     2.37     3.64     14.21 
 Income balance               -27.62   -14.84   -34.58    -96.27 
 Current transfers             -0.78    -2.45    -0.99     -9.41 
II. CAPITAL ACCOUNT             0.00    -0.01     1.46      2.87 
III. FINANCIAL ACCOUNT         11.00    11.32    14.72     13.50 
 Net Direct Investment          9.58    11.54     6.14     59.92 
  Czech abroad                 -0.80    -0.71    -2.25     -6.25 
  Into Czech Republic          10.39    12.25     8.39     66.16 
 Net Portfolio Investment      -9.41     1.95     2.81    -26.02 
  Assets                      -12.10    -9.22    -0.97    -46.07 
  Liabilities                   2.69    11.17     3.77     20.05 
 Other Investments              1.52    -9.66     0.82    -43.09 
 Change in foreign exchange 
 reserves (minus = growth)      2.99     4.81     0.89      7.71 
IV. BALANCE OF OMISSIONS & 
 EXCHANGE RATE ADJUSTMENTS      2.34    -5.96     6.29      5.72 
    NOTE. All 2007 figures are subject to revision. The 2006 figures are 
revised. The CNB releases the monthly figures according to ECB methodology. 
  
CZECH FOREX RESERVES   END-JULY 07    END-JUNE 07    END-JULY 06 
 euro bln                23.211         23.166         24.040 
 $ bln                   31.817         31.292         30.690 
 CZK bln                650.711        665.203        685.865 
    NOTE. The central bank said it sold foreign currency worth an equivalent of 
76 million euros in spot foreign exchange market operations in June. It sold 
foreign currency worth 38 million euros in client operations in June. 
  
MONETARY BASE           END-JULY 07   END-JUNE 07    END-JULY 06 
 (in CZK bln) 
 CNB monetary base         365.5         372.7          326.7 
  currency                 335.4         336.4          300.4 
  bank reserves             30.1          36.2           26.2 
   mandatory reserves       40.6          40.2           35.1 
 
CZECH M2 MONEY SUPPLY     END-JUNE 07    END-MAY 07  END-JUNE 06 
 M1 change yr/yr             15.0          15.3         13.7 
 M2 change yr/yr             11.2          12.1          8.3 
 Loans to businesses 
  and households yr/yr       22.0          21.0         20.5 
 M2-M1 (deposits)  yr/yr      6.6           8.0          2.4 
 
CONSUMER INFLATION            JULY 07      JUNE 07     JULY 06 
 pct change month/month         0.4          0.3         0.4 
 pct change year/year           2.3          2.5         2.9