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Czech Republic – Factors To Watch on Aug 14

PRAGUE, Aug 14 – Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday. ALL TIMES GMT (Czech Republic: GMT + 2 hours) =========================ECONOMIC DATA========================== Real-time economic data releases…………….. Previous stories on Czech data…………. **For a schedule of corporate and economic events: =========================NEWS/EVENTS============================ CORONAVIRUS CASES: Czech testing labs found 330 new cases of infection by the new coronavirus on Thursday, the Health Ministry said, th ehtirsd biggest daily rise ever, for a total of 19,401 cases. Among total cases, 13,574 have recovered and there were 391 deaths reported in connection with the illness. The number of active cases rose to 5,436. CENTRAL BANK MINUTES: Minutes from last week’s policy meeting, where interest rates were kept flat, will be released at 9 a.m. (0700 GMT) INFLATION SURPRISINGLY ACCCELERATES:: Czech consumer prices rose by 0.4% on a monthly basis in July, putting the year-on-year inflation rate at 3.4%, statistics office data showed on Thursday. The year-on-year inflation rate picked up from a reading of 3.3% in June. Analysts in a Reuters poll had expected a 3.1% growth, along with a 0.2% month-on-month increase. CURRENT ACCOUNT SURPLUS SMALLER: The Czech current account showed a surplus of 1.8 billion crowns ($81.52 million) in June, smaller than expected, central bank data showed on Thursday. CEE MARKETS: Central European currencies made slight gains on Thursday in a cautious market ahead of weekend trade talks between the United States and China. Prague Newsroom: +420 234 721 617 E-mail: [email protected] (Reporting by Prague Newsroom)

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