INDICATORS - Czech Republic - Feb 8

                (last updated on Feb 8 with Jan unemployment) 
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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      11/06    10/06    11/05  01-11/06 
 (CZK billions) 
I. CURRENT ACCOUNT            -11.15   -26.22   -11.88   -134.87 
 Trade balance                  6.43     4.35     2.45     50.51 
 Balance of services            2.47     1.51     0.85     14.48 
 Income balance               -17.81   -30.40   -14.08   -190.87 
 Current transfers             -2.25    -1.69    -1.09     -8.99 
II. CAPITAL ACCOUNT             2.07     0.68     0.67      5.83 
III. FINANCIAL ACCOUNT         19.88    26.76    16.84    121.64 
 Net Direct Investment          3.79    12.81     9.20    101.05 
  Czech abroad                 -6.92    -0.37    -3.08    -33.28 
  Into Czech Republic          10.71    13.18    12.27    134.33 
 Net Portfolio Investment       2.63    20.19    -2.97    -29.09 
  Assets                       -4.50     6.05     0.07    -58.30 
  Liabilities                   7.13    14.14    -3.04     29.21 
 Other Investments             17.60    -6.64    17.99     56.88 
 Change in foreign exchange 
 reserves (minus = growth)     -1.63     0.48    -4.02     -3.28 
IV. BALANCE OF OMISSIONS & 
 EXCHANGE RATE ADJUSTMENTS    -10.80    -1.22    -5.63      7.41 
    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-JAN 07     END-DEC 06     END-JAN 06 
 euro bln                24.220         23.882         24.553 
 $ bln                   31.377         31.454         29.752 
 CZK bln                682.031        656.638        697.545 
  
    NOTE. The central bank said it did not conduct any spot foreign exchange 
market operations in December. 
    It bought foreign currency worth 38.59 million euros in client operations in 
December. 
  
MONETARY BASE            END-DEC 06    END-NOV 06     END-DEC 05 
 (in CZK bln) 
 CNB monetary base         355.5         345.5          309.3 
  currency                 321.5         314.1          287.7 
  bank reserves             34.0          31.4           21.5 
   mandatory reserves       36.7          36.1           33.4 
 
CZECH M2 MONEY SUPPLY      END-DEC 06    END-NOV 06   END-DEC 05 
 M1 change yr/yr             14.0          15.2         13.0 
 M2 change yr/yr              9.9           9.0          8.0 
 Loans to businesses 
  and households yr/yr       20.5          21.3         20.0 
 M2-M1 (deposits)  yr/yr      4.8           1.5          2.6 
 
CONSUMER INFLATION             DEC 06        NOV 06     DEC 05 
 pct change month/month          0.2         -0.1        -0.1 
 pct change year/year            1.7          1.5         2.2