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November inflation in Slovakia is higher than OECD average

The year-on-year inflation rate in Slovakia was higher in November than the average for countries that are members of the Organisation for Economic Cooperation and Development (OECD) average, the SITA newswire reported. The y-o-y inflation rate across the OECD was an average of 3.1 percent while consumer prices in Slovakia had increased by 4.6 percent from November 2010 to November 2011.

The year-on-year inflation rate in Slovakia was higher in November than the average for countries that are members of the Organisation for Economic Cooperation and Development (OECD) average, the SITA newswire reported. The y-o-y inflation rate across the OECD was an average of 3.1 percent while consumer prices in Slovakia had increased by 4.6 percent from November 2010 to November 2011.

Within the eurozone, the inflation rate as measured by the harmonised index of the EU (HICP) was an average of 3 percent in November while it hit 4.8 percent in Slovakia, based on data published by the OECD on January 5.

Source: 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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