July inflation at 1.2 percent

Slovakia's harmonized inflation reached 1.2 percent in July.

The monthly decline of prices measured by the European Union harmonized index of consumer prices (HICP) was 0.1 percent. The Statistics Office of the Slovak Republic reported that month-on-month harmonized inflation was 0.1 percent in June.

Compared to June, prices for recreation and culture grew most (one percent) in July. Prices in the health sector increased 0.3 percent and in transport sector 0.2 percent.

Hotels, restaurants and cafes and miscellaneous goods and services reported price increases of 0.1 percent. Prices of furniture, household appliances and common house maintenance rose by the same amount.

In contrast, there was a month-on-month decrease in prices for food and soft drinks (1.3 percent), clothing and footwear (0.8 percent) and home maintenance (0.1 percent). Prices of alcohol and tobacco, as well as postal services and telecommunications, stayed the same in July.

-SITA

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

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