Sept 12 (Reuters) - The Czech National Bank (CNB) released
on Wednesday the following balance of payments data for July:
CZECH BALANCE OF...
...PAYMENTS 07/07 06/07 07/06 01-07/07
(CZK billions)
I. CURRENT ACCOUNT -8.80 -12.87 -20.24 -37.11
Trade balance 1.95 10.75 -0.66 73.71
Balance of services 5.37 4.35 3.27 28.51
Income balance -14.53 -27.01 -20.92 -126.94
Current transfers -1.59 -0.97 -1.94 -12.39
II. CAPITAL ACCOUNT 2.62 0.00 1.15 5.49
III. FINANCIAL ACCOUNT -4.17 0.16 21.31 18.98
Net Direct Investment 22.04 2.43 7.60 79.97
Czech abroad -0.77 -3.86 -2.33 -10.97
Into Czech Republic 22.81 6.29 9.93 90.94
Net Portfolio Investment -11.45 -9.41 -5.61 -37.04
Assets -5.32 -12.10 -6.98 -51.40
Liabilities -6.13 2.69 1.37 14.37
Other Investments -6.27 -2.24 21.65 -38.22
Change in foreign exchange
reserves (minus = growth) -0.58 2.99 -1.30 7.13
IV. BALANCE OF OMISSIONS &
EXCHANGE RATE ADJUSTMENTS 10.35 12.71 -2.22 12.64
NOTE. Analysts polled by Reuters had forecast a monthly
current account deficit of 19.9 billion czech crowns ($1,000
million) for July .
All 2007 figures are subject to revision. The 2006 figures
are revised. The CNB releases the monthly figures according to
ECB methodology.
(Reporting by Mirka Krufova in Prague, Editing by Alan Crosby)
($1=19.90 Czech Crown)
Keywords: CZECH BALANCE/