INSTANT VIEW 1-Czech Q3 C/A deficit narrows slightly

    PRAGUE, Dec 7 (Reuters) - The Czech current account showed a 
1.71 billion euro deficit in the third quarter after a revised 
second quarter deficit of 1.81 billion euros, quarterly data 
released by the central bank showed on Thursday. 
    The rolling 12-month deficit widened to 3.8 percent of gross 
domestic product (GDP) in July-September from 3.2 percent in the 
second quarter, according to central bank estimates. 
 
KEY POINTS: 
(euros mln)                   Q3 2006     Q2 2006    Q1-Q3 2006 
Current Account              -1,709.9    -1,812.4      -3,428.2 
Capital Account                  77.7       -55.3         108.4 
Financial Account             1,618.7     1,176.2       2,711.5 
Net Direct Investment         1,381.0       946.9       2,969.3 
 
 (Full balance of payments table...................[nPRA001068]) 
 
- The quarterly figures are calculated under IMF methodology and 
merely update and detail more closely-watched monthly data 
<CZCURA=ECI> that have already been reported for the period, 
albeit under slightly different methodology used by the European 
Central Bank (ECB). 
 
MARKET REACTION: 
- Crown steady at 28.020 per euro <EURCZK=>, hugging a narrow 
range which it has held since the start of this week. 
 
BACKGROUND: 
- For monthly balance of payments data, click on [ID:nL14125817] 
- October foreign trade figures                  [ID:nL06178576] 
- Report on last Czech c.bank rate decision       [ID:nL3091748] 
                                 [ID:nPRA001058] [ID:nPRA001059] 
 
LINKS: 
- For further details on third quarter balance of payments 
numbers and past data, Reuters 3000 Xtra users can click on the 
Czech National Bank's website: 
    http://www.cnb.cz/en/statistics/bop_stat/ 
 
- 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> 
 
 ((Reporting by Marek Petrus; Editing by Alan Crosby; 
prague.newsroom@reuters.com; Reuters Messaging: 
marek.petrus.reuters.com@reuters.net; +420 224 190 477)) 
  Keywords: CZECH ECONOMY/BOP