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June consumer prices rose 8.1 percent

THE CONSUMER price index for June rose by 0.2 percent month-on-month and 8.1 percent year-on-year, according to data of the Slovak Statistics Office, wrote the state news agency TASR.

Core inflation stood at 0.3 percent on the month and 2.3 percent on the year, while net inflation had respective figures of 0.2 percent and 3 percent.

The price index development for June was basically in line with expectations of local economic analysts. "But we had expected a slight correction in the growth of fuel prices," ČSOB bank analyst Marek Gabris told TASR.

Prices in June rose most significantly in the categories of education (1.1 percent), transportation services (0.6 percent), hotels and restaurants (0.6 percent), and food and non-alcoholic beverages (0.4 percent). Other rises ranged from 0.1 to 0.2 percent.

On the other hand, prices fell in furniture, household equipment, and regular household maintenance by 0.4 percent. They remained unchanged in the categories of clothing and shoes, postal and telecom services, and miscellaneous goods and services.

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

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