Harmonised inflation rate remains at historical low in February

The harmonised inflation rate remained at a historical low in February, the SITA newswire wrote. Consumer prices measured by the European Union’s Harmonized Index of Consumer Prices (HICP) dropped 0.2 percent y-o-y in February which is the same decline as in January.

The harmonised inflation rate remained at a historical low in February, the SITA newswire wrote. Consumer prices measured by the European Union’s Harmonized Index of Consumer Prices (HICP) dropped 0.2 percent y-o-y in February which is the same decline as in January.

The average annual harmonized inflation rate continued to decline and reached 0.5 percent in the second month of 2010, which is a historical minimum. Consumer prices stagnated on a monthly basis, the Slovak Statistics Office reported.

In annual terms, the Statistics Office reported the steepest decline in prices of furniture, household appliances and ordinary home maintenance (4.1 percent). In contrast, prices of alcoholic beverages and tobacco increased by 7 percent. Prices in the health sector also increased by 5.7 percent and prices in the education sector went up by 4.7 percent. SITA

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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