Spectator on facebook

Spectator on facebook

Statistics Office reports Slovak consumer prices up by 4 percent annually in May

Consumer prices in Slovakia grew by 4 percent year-on-year in May, the Statistics Office announced on June 13 and in the first five months of the year, prices rose by 3.5 percent y-o-y, the TASR newswire reported. Compared to May 2010, the prices of food and non-alcoholic beverages were 7.4 percent higher in May of this year; followed by transport at 6.3 percent, education at 4.5 percent, housing, water, electricity, gas and other fuels at 4.4 percent; alcoholic beverages and tobacco at 4.2 percent; miscellaneous goods and services at 3.7 percent; health care at 3.4 percent, clothing and footwear at 2.6 percent; hotels and restaurants at 2.3 percent; recreation and culture at 0.9 percent; and postal and telecommunications services at 0.4 percent. The prices of furniture, home furnishings and routine household maintenance fell by 1.3 percent on an annual basis. Consumer prices rose by 0.3 percent month-on-month.

Consumer prices in Slovakia grew by 4 percent year-on-year in May, the Statistics Office announced on June 13 and in the first five months of the year, prices rose by 3.5 percent y-o-y, the TASR newswire reported.

Compared to May 2010, the prices of food and non-alcoholic beverages were 7.4 percent higher in May of this year; followed by transport at 6.3 percent, education at 4.5 percent, housing, water, electricity, gas and other fuels at 4.4 percent; alcoholic beverages and tobacco at 4.2 percent; miscellaneous goods and services at 3.7 percent; health care at 3.4 percent, clothing and footwear at 2.6 percent; hotels and restaurants at 2.3 percent; recreation and culture at 0.9 percent; and postal and telecommunications services at 0.4 percent. The prices of furniture, home furnishings and routine household maintenance fell by 1.3 percent on an annual basis. Consumer prices rose by 0.3 percent month-on-month.

A Finance Ministry statement said that the growth of prices in Slovakia, currently at a level comparable to that of 2008, has been caused by global factors that the government cannot influence – namely poor harvests that translate into foodstuffs becoming more expensive and the prices of oil and petroleum products.

The ministry was responding to criticism levelled by opposition Smer party and its chairman Robert Fico, who earlier on June 13 lambasted the current government for what he called the bad economic results the country experienced in the past year.

Source: TASR

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

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4