BUSINESS SHORTS

February inflation slowed down to 2.7 percent

IN FEBRUARY the growth of consumer prices in Slovakia slowed down 0.3 percentage points from January to 2.7 percent year-on-year. The monthly inflation rate was 0.2 percent in February, down from one percent recorded for January, the Statistics Bureau announced on March 13.

The biggest month-on-month increases in February were in housing, water, electricity, gas and other fuels, at 0.8 percent. Other increases were in hotels, cafes and restaurants (0.4 percent), food and non-alcoholic beverages and healthcare (both 0.3 percent), and miscellaneous goods and services (0.1 percent).

Prices fell month-on-month in transport, and clothing and footwear (all 0.7 percent), furniture, household equipment and maintenance (0.2 percent), alcoholic beverages and tobacco, and recreation and culture (both 0.1 percent). Meanwhile, prices in postal and telecommunications services and in education remained unchanged on a monthly basis.

The February inflation was no surprise for markets. The year-on-year inflation of 2.7 percent was in line with analysts' expectations. Increasing costs for rentals and foodstuffs boosted inflation again during the second month of the year. At the same time, prices of motor fuel and clothing and footwear kept inflation down.

Top stories

A paraglider flies over a valley from the Martinské hole mountains.

The Slovak region compared to Tuscany is a big unknown

Set out on a trip to the Turiec region with a new Spectacular Slovakia podcast series.


17. jún

News digest: Slovak-Hungarian relationship has never been as good as now, Hungarian MFA says

Health Ministry fears spread of Delta strain from football match in Budapest. Hungarian Foreign Affairs Minister refutes claims of a negative relationship with his Slovak counterpart. Read more in today's digest.


18. jún
Child-initiated play is a style of play where children choose how, where, and what they wish to play with.

Blog: Play is the child’s work

Learning through child-initiated play.


18. jún
Illustrative stock photo

Law change makes cannabidiol legal

CBD allowed in cosmetics, but off the menu for food products.


18. jún