Spectator on facebook

Spectator on facebook

Core inflation up in October

Core inflation in Slovakia, which measures the growth of consumer prices excluding regulated prices and administrative tax interventions, rose by 0.6 percentage points from September to 3.6 percent year-on-year in October.

Monthly core inflation was 0.7 percent in October, which is 0.5 percentage points more than in the previous month, the Statistics Office of the Slovak Republic reported.

The average core inflation for the first 10 months of this year was 2.7 percent, up 0.2 percentage points from the nine-month average.

Net inflation, which excludes the effects of food price development, was 0.2 percent in October, up 0.2 percentage points month-on-month. Year-on-year, net inflation went up from 2.8 percent in September to 2.9 percent in October.

On average for the first 10 months of 2007, the net inflation was 2.5 percent.

-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.

Top stories

Government ignores anticorruption demands Photo

Protesters gave the government two weeks to fulfil their demands.

Blog: We can always count on the nerds…

Brands need to focus on doing good and that this approach is the only option if they want to stay relevant, credible and even profitable, says Thomas Kolster.

Thomas Kolster speaking

Drivers in Bratislava should prepare for worse traffic

Dissatisfied taxi drivers will go on a protest ride from Petržalka to Lamač on Wednesday.

Taxi drivers protested against Uber already in 2015.

Blog: Underground economy flourishes in the queues

A foreigners' real experience at the foreigners’ police department in Bratislava.

Foreign investors said they would welcome less bureaucracy in Slovakia.