Czech Republic - Factors To Watch on May 12

                                
 PRAGUE, May 12 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 1 hours)

 ======================== ECONOMIC DATA ========================
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on Czech currency.............................[CZK/]
                                
 
========================= EVENTS ===============================
                                
 PRAGUE - April inflation and March industrial output data at
0700 GMT. Analysts polled by Reuters expect inflation of 0.3
percent on the month and 6.7 percent on an annual basis,
compared with -0.1 percent and 7.1 percent in March.
                                
 Industrial output growth was seen plunging to 4.8 percent in
March, from 11.3 percent in the previous month.
                                
 Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 PRAGUE - April unemployment data at 0700 GMT. Analysts
polled by Reuters expect the jobless rate to fall to 5.2 percent
in April, from 5.6 percent in the previous month.
                                
 Related news: [RTRS-LEN-CZ-JOB]
                                
 
                                
 PRAGUE - Coal mining firm New World Resources (NWR)
<NWRSsp.PR> to start unconditional trading on the Prague Stock
Exchange.
                                
 Related news: [RTRS-LEN-CZ-COA]
                                
 
======================= TOP NEWS ===============================
                                
 NWR SELLS MORE SHARES: Coal miner New World Resources (NWR)
<NWRS.L> <NWRSsp.PR> will sell an additional 12.45 million
shares at 13.25 pounds, fully exercising an over-allotment
option at its initial public offering, it said on Friday.
                                
 Story: [ID:nL09434101] Related news: [RTRS-LEN-CZ-COA]
                                
 
                                
 OUTPUT SLOWS IN EASTERN EUROPE: Industrial output in eastern
Europe slowed sharply in March, partly due to lower demand from
the euro zone, but analysts said Easter holidays were the main
reason and stayed optimistic ahead of next week's quarterly
growth data.
                                
 Story: [ID:L09143600] Related news: [RTRS-LEN-CZ-ECI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,636.8  1,663.7   -1.62         -9.82
 vs Euro     <EURCZK=>  25.050   25.075   +0.10         +5.79
 vs Dollar      <CZK=>  16.248   16.234   -0.09        +11.83
 U.S. Equities  <.DJI>  12,746   12,867   -0.94         -3.91
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST ============================
                                
 FOOD PRICES TO RISE: Czech Agriculture Minister Petr
Gandalovic expects food prices to rise by 10 percent in the
country in the coming months. The Czech central bank expects
only slight increase in food prices this year, the bank's chief
analyst Tomas Holub said.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 BIOFUEL COSTS: Czech oil processor Unipetrol <UNPEsp.PR>
<PKNA.WA> expects biofuel costs of 0.5 billion crowns ($30.71
million) this year and is also looking for a strategic supplier
of biofuel components, board member Ivan Ottis said.
                                
 Hospodarske Noviny, page 16
                                
 
                                
 U.S. RADAR SUPPORT: Almost two thirds of Czechs do not agree
with siting a part of the U.S. missile defence shield in the
country, according to a survey by Median polling agency.
                                
 E15, page 3
                                
 
                                
 NEW CAR SECTOR FDI: French car parts supplier Faurecia
<EPED.PA> plans to invest 20 million euros ($30.92 million) in
the northeast of the Czech Republic to build a new exhaust
system plant.
                                
 E15, page 12
                                
 
                                
 GRAIN HARVEST OUTLOOK: Czech farmers expect a very good
grain harvest this year, which could decrease prices on an
annual basis.
                                
 E15, page 13
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
 
 For Instant Views of key economic data click on    [CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
 For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 For an economic indicator diary for the euro zone, the United
 States and other Group of Seven countries see         <G7TODAY>

 For real-time stock market index quotes click in brackets:
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
 News editor of the day: Jan Lopatka on +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Reporting by Martin Dokoupil)