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

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).