Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

EU-harmonised inflation beats expectations

SLOVAKIA'S EU-harmonised inflation for June came in below the expectations of the National Bank of Slovakia (NBS).

According to data released by the Statistics Bureau on July 13, EU-harmonised consumer prices grew by 1.5 percent this June compared to June 2006. They were up by 0.1 percent from the previous month.

Core inflation, which excludes the impacts of changes in regulated prices, reached 1.7 percent.

Growth in food prices was also slower compared to last year.

"[This] was mainly caused by unprocessed food prices, which decelerated due to the fall of vegetable prices on an annual basis," the central bank reported.

Conversely, processed food prices accelerated slightly from last year.

The NBS expects inflation growth to decelerate in July, mainly due to the anticipated slowdown in service price growth.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4