INDICATORS - Czech Republic - Nov 6

...KEY INTEREST RATES    2-WEEK REPO       DISCOUNT        LOMBARD 
rate                    3.25 pct        2.25 pct        4.25 pct 
last changed 
 (date of decision)    Aug 30, 2007    Aug 30, 2007    Aug 30, 2007 
former rate             3.00 pct        2.00 pct        4.00 pct 
=============================================================================== 
CZECH GDP (in pct)              Q2/07     Q1/07     Q2/06 
 Real change yr/yr               6.0       6.4       6.5 
 Final consumption               3.9       4.9       2.7 
  Household                      6.5       7.2       4.1 
  Government                    -1.6       0.2      -0.5 
 Gross capital formation        10.3      11.1      15.0 
  fixed capital formation        4.2       4.0       7.5 
 Foreign trade balance           n/a       n/a       n/a 
  exports of goods              15.1      16.8      13.4 
  export of services             4.9       4.1      10.3 
  imports of goods              14.9      17.6      12.4 
  imports of services            6.5       4.1      15.0 
    NOTE. In the second quarter, GDP totalled 899.7 billion crowns in nominal 
terms. 
 
CZECH BALANCE OF PAYMENTS      08/07    07/07    08/06  01-08/07 
 (CZK billions) 
I. CURRENT ACCOUNT            -32.65    -8.80    -9.38    -69.76 
 Trade balance                  1.95     1.95     0.56     75.67 
 Balance of services            2.85     5.37     3.80     31.36 
 Income balance               -37.43   -14.53   -11.23   -164.36 
 Current transfers             -0.03    -1.59    -2.51    -12.42 
II. CAPITAL ACCOUNT             0.84     2.62     0.50      6.33 
III. FINANCIAL ACCOUNT         47.20    -4.17    13.17     66.18 
 Net Direct Investment         11.20    22.04    20.93     91.17 
  Czech abroad                 -4.47    -0.77    -0.86    -15.44 
  Into Czech Republic          15.67    22.81    21.79    106.61 
 Net Portfolio Investment     -20.06   -11.45    -9.79    -57.09 
  Assets                      -14.04    -5.32    -7.97    -65.44 
  Liabilities                  -6.02    -6.13    -1.82      8.35 
 Other Investments             63.05    -6.27     5.83     24.83 
 Change in foreign exchange 
 reserves (minus = growth)     -3.66    -0.58    -0.76      3.47 
IV. BALANCE OF OMISSIONS & 
 EXCHANGE RATE ADJUSTMENTS    -15.39    10.35    -4.29     -2.75 
    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-SEPT 07     END-AUG 07    END-SEPT 06 
 euro bln                23.113         23.476         24.298 
 $ bln                   32.766         32.177         30.765 
 CZK bln                638.025        650.867        688.364 
    NOTE. The central bank said it sold foreign currency worth an equivalent of 
69 million euros in spot foreign exchange market operations in August. It bought 
foreign currency worth 63.98 million euros in client operations in August. 
  
MONETARY BASE           END-SEPT 07    END-AUG 07    END-SEPT 06 
 (in CZK bln) 
 CNB monetary base         384.8         365.9          318.5 
  currency                 341.3         336.5          307.9 
  bank reserves             43.5          29.5           10.6 
   mandatory reserves       41.1          40.8           35.8 
 
CZECH M2 MONEY SUPPLY     END-SEPT 07    END-AUG 07  END-SEPT 06 
 M1 change yr/yr             13.2          12.8         16.3 
 M2 change yr/yr             11.0          11.4          9.2 
 Loans to businesses 
  and households yr/yr       24.3          23.7         20.4 
 M2-M1 (deposits)  yr/yr      8.2           9.5          1.1 
 
CONSUMER INFLATION            SEPT 07       AUG 07     SEPT 06 
 pct change month/month        -0.3          0.3        -0.7 
 pct change year/year           2.8          2.4         2.7