Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Euro effect price monitoring begins

THE SLOVAK Statistics Office has started monitoring the growth of the average prices of the 169 most frequently purchased goods and services. It began checking at the beginning of August; prices will be monitored until the end of June 2009, the SITA newswire wrote.

THE SLOVAK Statistics Office has started monitoring the growth of the average prices of the 169 most frequently purchased goods and services. It began checking at the beginning of August; prices will be monitored until the end of June 2009, the SITA newswire wrote.

The main goal of the exercise is to monitor the development of consumer prices in Slovak crowns and euros during the period of mandatory dual pricing. The Statistics Office will regularly publish the results of its monitoring in both currencies, and analyse price changes. The monitoring is intended to prevent unjustified price growth as a result of the euro’s introduction from January 2009.

The Statistics Office monitors consumer prices of individual goods and services across Slovakia in a selected network of outlets used by shoppers.

Slovakia will adopt the European single currency on January 1, 2009.


Top stories

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Robert Fico is not Saddam Hussein

It would take too long to list all the crazy distortions the international media presented about Central Europe and the Czech election campaign this week.

Babiš

Top stories from Last Week in Slovakia Video

Voters’ indifference affects regional votes - Can Slovaks be lured back from Britain? - Petit Press majority owner dies

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between October 20 and October 29, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

International Halloween Party