INSTANT VIEW 1-Czech Aug retail sales keep momentum

18.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    PRAGUE, Oct 18 (Reuters) - Czech retail sales grew 6.8 
percent year-on-year in August, sustaining a healthy momentum 
largely above the consensus market forecast and confirming this 
year's consumer spending revival. 
 
KEY POINTS: 
(change in percent)      Aug         July       Aug forecast 
RETAIL SALES (y/y)       6.8         6.4         5.8 
 
(Click on [ID:nPRA000980] for full table of August 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 6.1 percent year-on-year, slowing after a revised 6.8 
percent jump a month earlier. 
- Seasonally-adjusted sales including the auto segment rose by 
real 0.2 percent month-on-month in August and 0.1 percent 
excluding the auto segment. 
- Non-food retail sales, excluding the auto segment, up 7.6 
percent year-on-year. 
- In the auto segment, sales up 8.3 percent year-on-year thanks 
to cars sales and repairs; Used car sales grew faster than sales 
of new cars. Fuel sales dropped 1 percent. 
 
BACKGROUND: 
- Sept consumer inflation         [ID:nL09819912 [ID:nL09207227] 
- Aug industrial output figures                   [ID:nL1264101] 
- Report on last Czech c.bank rate decision      [ID:nL27342627] 
                                 [ID:nL27365976] [ID:nPRA000961] 
LINKS: 
- For further details on August 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  
    

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