(last updated on Dec 12 with Oct industrial output) ------------------------------------------------------------------------------- KEY INTEREST RATES 2-WEEK REPO DISCOUNT LOMBARD rate 2.50 pct 1.50 pct 3.50 pct last changed (date of decision) Sept 27, 2006 Sept 27, 2006 Sept 27,2006 former rate 2.25 pct 1.25 pct 3.25 pct =============================================================================== CZECH GDP (in pct) Q3/06 Q2/06 Q3/05 2005 Real change yr/yr 5.8 6.0 6.0 6.1 Final consumption 2.0 2.3 3.6 2.3 Household 4.0 4.1 3.2 2.8 Government -2.6 -1.8 4.9 1.0 Gross capital formation 13.6 16.2 0.5 1.6 fixed capital formation 7.2 6.7 1.7 1.3 Foreign trade balance n/a n/a n/a n/a exports of goods 12.8 13.0 11.7 11.6 export of services 2.3 -5.2 3.5 2.2 imports of goods 11.8 12.6 7.0 5.7 imports of services 2.4 -0.5 -2.4 -1 8 NOTE. In the third quarter, GDP totalled 813.1 billion crowns in nominal terms. All data from previous quarters are revised. CZECH BALANCE OF PAYMENTS 09/06 08/06 09/05 01-09/06 (CZK billions) I. CURRENT ACCOUNT -13.94 -14.34 -8.41 -99.52 Trade balance 7.46 -2.07 3.97 41.37 Balance of services 1.92 1.61 2.70 8.18 Income balance -21.17 -12.41 -15.52 -141.63 Current transfers -2.16 -1.47 0.43 -7.44 II. CAPITAL ACCOUNT 0.55 0.50 -0.01 3.32 III. FINANCIAL ACCOUNT 18.77 8.70 11.94 78.52 Net Direct Investment 13.21 14.95 27.32 80.95 Czech abroad -1.14 -1.17 -10.19 -24.98 Into Czech Republic 14.35 16.11 37.51 105.93 Net Portfolio Investment 3.68 -9.40 -28.12 -51.91 Assets 0.83 -7.58 -10.32 -59.85 Liabilities 2.85 -1.82 -17.80 7.94 Other Investments 0.20 6.95 13.62 52.95 Change in foreign exchange reserves (minus = growth) -0.45 -0.76 -1.22 -2.13 IV. BALANCE OF OMISSIONS & EXCHANGE RATE ADJUSTMENTS -5.39 5.15 -3.51 17.68 NOTE. All 2006 figures are subject to revision. The 2005 figures are revised. The CNB releases the monthly figures according to ECB methodology. CZECH FOREX RESERVES END-NOV 06 END-OCT 06 END-NOV 05 euro bln 23.905 24.253 24.968 $ bln 31.560 30.793 29.386 CZK bln 668.620 684.421 722.313 NOTE. The central bank said it sold foreign currency worth an equivalent of 18 million euros in spot foreign exchange market operations in October. It sold foreign currency worth 54.12 million euros in client operations in October. MONETARY BASE END-OCT 06 END-SEPT 06 END-OCT 05 (in CZK bln) CNB monetary base 341.7 318.5 293.0 currency 308.1 307.9 280.6 bank reserves 33.5 10.6 12.4 mandatory reserves 36.7 35.8 33.2 CZECH M2 MONEY SUPPLY END-OCT 06 END-SEPT 06 END-OCT 05 M1 change yr/yr 16.4 16.3 10.0 M2 change yr/yr 9.9 9.2 5.0 Loans to businesses and households yr/yr 20.1 20.4 18.6 M2-M1 (deposits) yr/yr 2.1 1.1 -0.2 CONSUMER INFLATION NOV 06 OCT 06 NOV 05 pct change month/month -0.1 -0.5 -0.3 pct change year/year 1.5 1.3 2.4