ECONOMIC BRIEFS

Inflation rate lowest since Sept. '97

Slovakia's year-on-year inflation rate reached 5.7% in August, the lowest rate recorded since last September. The monthly rate dropped in August, compared to July, by 0.2%. The inter-year increase in the inflation rate was, according to the Statistical Office of the Slovak Republic (ŠÚSR), caused mainly by a rise in the prices of alcoholic drinks and tobacco, which was as high as 11.6%. On the other hand, the decrease in the inter-month rate was caused by a fall in the prices of foodstuffs, beverages and tobacco by 0.9%. When making the state budget for 1998, the government counted on an inflation rate of 6%. The National Bank of Slovakia set in its monetary program the aim of maintaining inflation at a 5.6 to 5.9% level.

Get daily Slovak news directly to your inbox

Top stories

News digest: Foreigners’ Police departments remain closed

Slovenia has ordered PCR tests developed by Slovak scientists. Holocaust survivors received the coronavirus vaccine jab.

7 h

Slovakia has more and more vaccines available. State lacks courage

Slovakia is taking a cautious approach to make sure it will be able to deliver second doses when needed.

11 h
Police control at the border crossing in Drietomá (Trenčín Region).

Stricter curfew rules come into force, police intensify checks

Negative test result required when going to work or doing sports in nature.

13 h
The entry of new data is required via Slovensko.sk.

Companies complain about an absurd fee. They need to add information state also has

Firms have to add their representatives’ birth numbers to business register. They can be fined if they fail to do it.

13 h