Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Inflation slows down in November

THE GROWTH of consumer prices in Slovakia has slowed down moderately.

THE GROWTH of consumer prices in Slovakia has slowed down moderately.

Figures that the Slovak Statistics Office published on December 11 show that prices grew 3.1 percent in November compared to the same period last year. In October inflation was 3.3 percent year-on-year, the Hospodárske Noviny economic daily wrote.

Food prices rose the most in November, up 7.1 percent year-on-year. Bank fees also contributed to the increase.

“After the Czech Republic announced record inflation on December 10, driven especially by the fast growth of food prices, we expected that the inflation growth would also show a surprising increase in Slovakia,” VÚB analyst Martin Lenko told the daily. “This did not come true, probably because food prices in Slovakia already grew faster than in the Czech Republic in September and October.”

Top stories

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Austria launches random checks close to Slovakia’s borders

Refugees are using new smuggling routes, according to the Austrian minister.

Illustrative stock photo

Unemployment rate continues to decline

The still steeper fall in unemployment could be curbed by the type of jobseekers, analysts opine.

Carmakers have already complained about the lack of qualified labour.

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.