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Deflation comes to Slovakia in EU-harmonised figures for October

Annual inflation in Slovakia according to EU-harmonised figures stood at -0.1 percent in October, with the country recording deflation for the first time ever, the Statistics Office reported on Monday, November 16.

Annual inflation in Slovakia according to EU-harmonised figures stood at -0.1 percent in October, with the country recording deflation for the first time ever, the Statistics Office reported on Monday, November 16.

Inflation has continued to slow since September last year, when it stood at 5.4 percent on an annual basis. The biggest price increases month-on-month in October were recorded in alcohol and tobacco, by 0.11 percent. Other increases were: in housing, water, electricity, gas and other fuels and in healthcare, both by 0.06 percent, and in footwear and clothing, by 0.04 percent. Prices fell in food and non-alcoholic beverages, by 0.09 percent, and in transport, by 0.02 percent.

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

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