INSTANT VIEW 1-Czech Sept retail sales ex-autos weakest in 2006

    PRAGUE, Nov 15 (Reuters) - Czech retail sales growth slowed 
to a slightly weaker than expected 5.2 percent year-on-year in 
September, but the figures still confirmed this year's revival 
in consumer spending that may spark a rate hike by early 2007. 
 
KEY POINTS: 
(change in percent)      Sept        Aug        Sept forecast 
RETAIL SALES (y/y)       5.2         6.8         6.0 
 
(Click on [ID:nPRA001033] for full table of September retail 
sales) 
 
- The headline, seasonally-unadjusted figure includes car sales 
and repairs, fuel sales and spending on a variety of consumer 
goods, including foodstuffs. 
- In seasonally unadjusted terms, retail sales net of cars and 
fuel grow 4.6 percent year-on-year, slowing to the weakest rate 
so far this year after a 6.1 percent jump a month earlier. 
- Foodstuffs sales growth slowed to 1.4 percent from the 
previous month's 4.2 percent. 
- Seasonally-adjusted sales including the auto segment rose by a 
real 0.4 percent month-on-month in September and 0.1 percent 
excluding the auto segment. 
- In the auto segment, sales up 6.2 percent year-on-year thanks 
to an 8.9 percent rise in cars sales and repairs. Fuel sales up 
1.9 percent. 
 
BACKGROUND: 
- Oct consumer inflation         [ID:nL08914052] [ID:nL08889199] 
- Sept industrial output figures                 [ID:nL08849213] 
- Report on last Czech c.bank rate decision      [ID:nL26548848] 
                                                 [ID:nPRA001007] 
LINKS: 
- For further details on September 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       <ECONCZ> 
- 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                <CZKVIEW> 
- Czech money guide                                      <CZK/1> 
- Czech benchmark state bond prices                   <0#CZBMK=> 
- Czech forward money market rates                      <CZKFRA> 
 
 ((Writing by Marek Petrus; Editing by Alan Crosby; 
prague.newsroom@reuters.com; Reuters Messaging: 
marek.petrus.reuters.com@reuters.net; +420 224 190 477)) 
  Keywords: ECONOMY CZECH RETAIL