INSTANT VIEW 1-Czech retail sales grow fastests in 6 months

17.12.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech retail sales grew a much faster than expected 9.4 percent year-on-year in October, registering the strongest pace in six months, after...

...September's 
revised 4.1 percent rise, data released on Monday showed. 
**************************************************************** 
KEY POINTS: 
(change in percent)       Oct        Sept        Oct forecast 
RETAIL SALES (y/y)        9.4      4.1 (4.3)     6.0 
 
(Click on [ID:nPRA001669] for full table of October retail 
sales) 
 
- Rise is strongest since March 2007, according to Reuters data. 
- 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 0.9 percent 
month-on-month and 7.6 percent year-on-year in October.  
- Excluding the auto segment, seasonally-adjusted sales dipped a 
real 0.1 percent on the month, due to a 1.1 percent drop in 
foodstuff sales. 
- Ex-autos, retail sales up 6.7 percent year-on-year in real and 
seasonally and working-day adjusted terms. 
- Car sales and repairs up 18.1 percent year-on-year, fuel sales 
rise 3.0 percent. 
 
BACKGROUND: 
- Nov consumer inflation                         [ID:nL10470437] 
                                  [ID:nL10617049] [ID:nL1062697] 
- Oct industrial output figures                  [ID:nL11393445] 
- Report on last Czech c.bank rate decision      [ID:nL29206268] 
                                  [ID:nPRA001631] [ID:n29679528] 
 
LINKS: 
- For further details on October 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                       
 
 (Writing by Marek Petrus; editing by Tony Austin) 
  
  Keywords: CZECH RETAIL/  
    

[PRAGUE/Reuters/Finance.cz]

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