INDICATORS - Czech Republic - Dec 11

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KEY INTEREST RATES    2-WEEK REPO       DISCOUNT        LOMBARD 
rate                    3.50 pct        2.50 pct        4.50 pct 
last changed 
 (date of decision)    Nov 29, 2007    Nov 29, 2007    Nov 29, 2007 
former rate             3.25 pct        2.25 pct        4.25 pct 
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CZECH GDP (in pct)              Q3/07     Q2/07     Q3/06 
 Real change yr/yr               6.0       6.3       6.3 
 Final consumption               3.7       4.2       2.8 
  Household                      5.6       6.0       5.0 
  Government                    -0.4       0.2      -2.2 
 Gross capital formation         9.4      10.2      13.5 
  fixed capital formation        5.7       6.0       5.2 
 Foreign trade balance           n/a       n/a       n/a 
  exports of goods              15.2      14.4      12.9 
  export of services            11.9       7.7       1.9 
  imports of goods              14.7      14.6      11.9 
  imports of services           10.2       4.2       2.3 
    NOTE. In the third quarter, GDP totalled 900.0 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-NOV 07     END-OCT 07     END-NOV 06 
 euro bln                23.364         23.083         23.904 
 $ bln                   34.491         33.347         31.559 
 CZK bln                613.533        622.549        688.603 
    NOTE. The central bank said it sold foreign currency worth an equivalent of 
69 million euros in spot foreign exchange market operations in October. It 
bought foreign currency worth 37.52 million euros in client operations in 
October. 
  
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-OCT 07   END-SEPT 07   END-OCT 06 
 M1 change yr/yr             13.6          13.2         16.4 
 M2 change yr/yr             10.6          11.0          9.9 
 Loans to businesses 
  and households yr/yr       24.9          24.2         20.1 
 M2-M1 (deposits)  yr/yr      6.5           8.1          2.1 
 
CONSUMER INFLATION             NOV 07       OCT 07      NOV 06 
 pct change month/month         0.9          0.6        -0.1 
 pct change year/year           5.0          4.0         1.5