INSTANT VIEW 1-Czech July retail sales up 3.6 pct

                                
 PRAGUE, Sept 16 (Reuters) - Czech retail sales rose 3.6
percent year-on-year in July, after a revised growth of 1.4 
percent in June, data showed on Tuesday. The figure was below
market forecasts.
****************************************************************
KEY POINTS:
(change in percent)        July      June       July forecast
RETAIL SALES (y/y)         3.6      1.4 (1.8)   4.5

(Click on [ID:nPRA002127] for full table of July retail sales)

- The headline, unadjusted figure includes car sales and
repairs, fuel sales and spending on a variety of consumer goods,
including foodstuffs.
- Seasonally-adjusted retail sales fell by a real 1.7 percent
month-on-month and 0.1 percent year-on-year in July.

 BACKGROUND:
- Augustly consumer inflation                     [ID:nL8630452]
- July industrial output figures                 [ID:nPRA002118]
- Report on last Czech c.bank rate decision         [ID:nL74314]
                                
                               [ID:nL7705441] [ID:nPRA002063]

LINKS:
- For further details on July 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 Jason Hovet; Editing by Michael Winfrey)