Spectator on facebook

Spectator on facebook

Inflation lower than analysts expected

The growth of consumer prices in March that was reported by the Slovak Statistics Office on April 12 was slightly lower than expected by economic analysts.

Consumer prices in Slovakia rose by 2.7 percent year-on-year in March 2007, which means that on a monthly basis consumer prices remained unchanged because core inflation over the same period stood at 2.5 percent year-on-year, while net inflation was 2.4 percent.

Therefore, analysts have reduced their estimates concerning the level of harmonized inflation in March which is set for release on Monday, April 16. This represents a major step towards meeting the Maastricht inflation criteria. Also, the analysts expect inflation in March not to move from February's level of 2 percent.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska