INSTANT VIEW 1-Czech July industry output beats fcasts

...consensus market forecast of a 8.5 percent 
increase. 
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KEY POINTS: 
 
 (y/y change in pct)      July    June    July forecast 
 Industrial output       11.5   6.6 (6.9)    8.5 
 Industrial sales        13.0   7.7 (7.9)    n/a 
 Construction output     -1.7  -4.5(-4.4)    n/a 
 
 (Full table of data............................[ID:nPRA001489) 
 
    NOTE. Analysts polled by Reuters had given a median output 
growth forecast of 8.5 percent for July  . 
 
- Seasonally-adjusted output rises 0.6 percent month-on-month. 
- Direct exports sales, accounting for slightly more than half 
of sales in the entire industrial sector, up 13.9 percent in 
real terms, after 11.1 percent rise a month ago. 
     
BACKGROUND: 
- July foreign trade figures.....................[ID:nL04578891] 
- Report on last Czech c.bank rate decision      [ID:nL30781459] 
                  [ID:nPRA001485] [ID:nL07203646] [ID:nL3044281] 
 
LINKS: 
- For further details on July 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