INSTANT VIEW 1-Czech retail sales accelerate to +8.9 in July

...revised 7.6 percent rise, data 
showed on Friday. 
**************************************************************** 
KEY POINTS: 
(change in percent)      July       June        July forecast 
RETAIL SALES (y/y)        8.9     7.6 (7.2)      7.5 
 
(Click on [ID:nPRA001500] for full table of July retail sales) 
 
- The headline, unadjusted figure includes car sales and 
repairs, fuel sales and spending on a variety of consumer goods, 
including foodstuffs. 
- Seasonally-adjusted retail sales rise by a real 0.4 percent 
month-on-month in July. Excluding the auto segment, the monthly 
gain amounted to 0.6 percent. 
- Ex-autos, retail sales up 7.4 percent year-on-year in real and 
seasonally and working-day adjusted terms. 
 
BACKGROUND: 
- Aug consumer inflation                         [ID:nL10319072] 
                                                 [ID:nPRA001491] 
- July industrial output figures                 [ID:nL10726236] 
- Report on last Czech c.bank rate decision      [ID:nL30781459] 
                  [ID:nPRA001485] [ID:nL07203646] [ID:nL3044281] 
 
LINKS: 
- For further details on June retail sales 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-slu 
 
- 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/RETAIL