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

Illustrative stock photo

First Delta variant confirmed in Slovakia

The labs confirmed the strain in a positive sample from a person who returned from Russia.


3 h

News digest: Central bank calling vaccination pace more important than that of GDP growth

Police announced strict border checks for tomorrow. Ministry analysts revised their GDP growth prognosis. Employees of U.S. Steel in Košice threaten a strike.


20 h
Irena Matova

She cannot read, she does not understand. Last victim of police raid still faces prosecution

Human rights organisations have been calling for the proper investigation of alleged police violence in the case of the 2013 Moldova raid.


21 h
Prologis Park Bratislava

Once an ugly duckling, the pandemic has the turned logistics real estate sector into a desirable investment opportunity

The sector will continue to be driven by e-commerce, the automotive sector and the global trend of sustainability.


22 h