Spectator on facebook

Spectator on facebook

Core inflation unchanged in August

Core inflation in Slovakia remained unchanged at 2.4 percent year-on-year in August, compared with the previous month.

Core inflation measures growth of consumer prices, excluding regulated prices and administrative interventions in the area of taxes.

Monthly core inflation was zero in August, which is 0.1 percentage points more than in the previous month, the Statistics Office of the Slovak Republic reported on September 11.

Slovakia posted monthly net inflation of 0.1 percent in August, which is the same level as in July.

Net inflation excludes the effects of food price development. In year-on-year terms, net inflation fell from 2.4 percent in July to 2.3 percent in August. The average net inflation for the first eight months of 2007 was 2.4 percent.

Headline inflation year-on-year remained at 2.3 percent in August, compared with July.

The average consumer prices for the first eight months of 2007 rose 2.6 percent year-on-year, which was the same level as the average inflation for the first seven months of this year.

-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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Heavy rains flood the Tatras Video

People had to be evacuated and several hiking routes had to be closed.

Stará Lesná

Trump plays with the world like a spoiled child

The White House is now broadcasting its most spectacular soap opera, beating and overcoming those of sundry leaders from different continents and different times.

Donald Trump

Last Week in Slovakia: People marched for LGBTI rights in Bratislava Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Rainbow Pride in Bratislava

Government has no plans to officially commemorate the victims of the 1968 invasion of Czechoslovakia

Presidents of the Slovak and Czech Republics will take a train ride to mark the founding of the Czechoslovak State.

Law Faculty of Comenius University in Šafárikovo Square, where the civilian killings by foreign armies on August 21, 1968, were most concentrated.