INDICATORS - Czech Republic - Dec 14

  (last updated on Dec 14 with end-Nov monetary base and Nov producer prices) 
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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 
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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      10/06    09/06    10/05  01-10/06 
 (CZK billions) 
I. CURRENT ACCOUNT            -26.22   -12.97     2.52   -123.72 
 Trade balance                  4.35     7.97     2.15     44.08 
 Balance of services            1.51     2.28     0.90     12.00 
 Income balance               -30.40   -21.48    -1.28   -173.06 
 Current transfers             -1.69    -1.73     0.75     -6.74 
II. CAPITAL ACCOUNT             0.68     0.55     0.64      3.76 
III. FINANCIAL ACCOUNT         26.76    12.76   -13.56    101.75 
 Net Direct Investment         12.81    12.69    17.38     97.26 
  Czech abroad                 -0.37    -1.24    -4.29    -26.35 
  Into Czech Republic          13.18    13.93    21.66    123.62 
 Net Portfolio Investment      20.19     3.68    -6.17    -31.72 
  Assets                        6.05     0.83    -4.35    -53.80 
  Liabilities                  14.14     2.85    -1.81     22.08 
 Other Investments             -6.64    -5.29   -29.43     39.28 
 Change in foreign exchange 
 reserves (minus = growth)      0.48    -0.45     2.18     -1.65 
IV. BALANCE OF OMISSIONS & 
 EXCHANGE RATE ADJUSTMENTS     -1.22    -0.34    10.40     18.21 
    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-NOV 06    END-OCT 06     END-NOV 05 
 (in CZK bln) 
 CNB monetary base         345.5         341.7          314.9 
  currency                 314.1         308.1          284.0 
  bank reserves             31.4          33.5           30.9 
   mandatory reserves       36.1          36.7           33.0 
 
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