Prices continue to drop

INFLATION continues to decrease in Slovakia after falling 0.1 percent year-on-year in July. Compared to June 2014, the consumer prices also fell by 0.1 percent, while during the first seven months of the year they dropped by 0.1 percent compared to 2013, the Statistics Office (ŠÚ) informed on August 12.

INFLATION continues to decrease in Slovakia after falling 0.1 percent year-on-year in July. Compared to June 2014, the consumer prices also fell by 0.1 percent, while during the first seven months of the year they dropped by 0.1 percent compared to 2013, the Statistics Office (ŠÚ) informed on August 12.

An annual drop in prices was reported in food and non-alcoholic beverages by 1.9 percent; postal and telecommunication services by 1.5 percent; furnishings, household equipment and routine home maintenance by 1 percent; housing, water, electricity, gas and other fuels by 0.6 percent; and transport by 0.5 percent.

On the other hand, prices rose in education by 3.6 percent; miscellaneous goods and services by 2.6 percent; alcoholic beverages and tobacco by 1.7 percent; clothing and footwear by 1.5 percent; hotels, cafés and restaurants by 1.1 percent; health by 1 percent; and recreation and culture by 0.4 percent.

Compared to June 2013, prices were lower in food and non-alcoholic beverages by 0.9 percent; clothing and footwear by 0.6 percent; furnishings, household equipment and routine home maintenance by 0.2 percent; and transport by 0.1 percent. They grew for alcoholic beverages and tobacco, recreation and culture by 0.3 percent each; education by 0.2 percent; and health, hotels, cafés and restaurants by 0.1 percent each. The prices remained the same in housing, water, electricity, gas and other fuels, as well as postal and telecommunication services and miscellaneous goods and services, the ŠÚ informed.

Source: Statistics Office website

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Finance Minister Peter Kažimír

Draft budget curtails deficit below 2 percent

THE BUDGET deficit should continue decreasing in following three years, according to the first public administration budget draft introduced by the Finance Ministry on July 23.

Crash site

New facts about fatal helicopter crash emerge

THE THREE members of a military helicopter MI-17 crew were training winching up people into helicopter with the help of a rope not practicing landings, when they crashed on July 28 afternoon near Prešov.

Stanislav Boledovič

Teach for Slovakia chief talks education reform

STANISLAV Boledovič, the founder of the Teach for Slovakia project, believes that it helps socially disadvantages children succeed.

Police President Tibor Gašpar

Harabin releases third convicted police officer

Another police officer convicted for corruption was released by the appellate senate chaired by Štefan Harabin with the argument that the police inspectorate that investigated his case is unlawful. The former…