INDICATORS - Czech Republic - Nov 23

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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 
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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      09/07    08/07    09/06  01-09/07 
 (CZK billions) 
I. CURRENT ACCOUNT             -5.82   -32.65   -10.00    -75.59 
 Trade balance                 17.00     1.95    10.15     92.66 
 Balance of services            4.18     2.85     3.87     35.54 
 Income balance               -24.48   -37.43   -20.03   -188.85 
 Current transfers             -2.52    -0.03    -3.99    -14.94 
II. CAPITAL ACCOUNT             0.03     0.84     0.51      6.36 
III. FINANCIAL ACCOUNT          9.50    47.20    10.28     75.68 
 Net Direct Investment         11.82    11.20    11.81    102.99 
  Czech abroad                 -0.47    -4.47    -0.93    -15.91 
  Into Czech Republic          12.29    15.67    12.74    118.90 
 Net Portfolio Investment      -9.27   -20.06     2.91    -66.36 
  Assets                      -10.74   -14.04     0.06    -76.18 
  Liabilities                   1.47    -6.02     2.85      9.81 
 Other Investments              8.43    63.05    -6.11     33.26 
 Change in foreign exchange 
 reserves (minus = growth)     -0.99    -3.66    -0.45      2.47 
IV. BALANCE OF OMISSIONS & 
 EXCHANGE RATE ADJUSTMENTS     -3.71   -15.39    -0.79     -6.46 
    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-OCT 07    END-SEPT 07     END-OCT 06 
 euro bln                23.084         23.183         24.253 
 $ bln                   33.349         32.866         30.792 
 CZK bln                622.584        639.969        684.422 
    NOTE. The central bank said it sold foreign currency worth an equivalent of 
57 million euros in spot foreign exchange market operations in September. It 
sold foreign currency worth 34.31 million euros in client operations in 
September. 
  
MONETARY BASE            END-OCT 07   END-SEPT 07     END-OCT 06 
 (in CZK bln) 
 CNB monetary base         381.9         384.8          341.7 
  currency                 339.7         341.3          308.1 
  bank reserves             42.2          43.5           33.5 
   mandatory reserves       41.9          41.1           36.7 
 
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             OCT 07      SEPT 07      OCT 06 
 pct change month/month         0.6         -0.3        -0.5 
 pct change year/year           4.0          2.8         1.3