Statistics Office: Harmonised inflation at 3.3 percent in March

Average yearly harmonised inflation, measured by the Harmonised Index of Consumer Prices, accounted for 3.3 percent year-on-year during the 12-month period of April 2012 to March 2013, while falling 0.2 percentage points on a monthly basis, the Slovak Statistics Office (ŠÚ) announced on Tuesday, April 16.

Average yearly harmonised inflation, measured by the Harmonised Index of Consumer Prices, accounted for 3.3 percent year-on-year during the 12-month period of April 2012 to March 2013, while falling 0.2 percentage points on a monthly basis, the Slovak Statistics Office (ŠÚ) announced on Tuesday, April 16.

Year-on-year EU harmonised inflation reached 1.9 percent in March, the TASR newswire quoted the ŠÚ. Month-on-month developments were affected by increases in recreation and culture (0.03 percentage points), hotels, cafes and restaurants (0.02 percentage points), miscellaneous goods and services (0.01 percentage points), housing, water, electricity, gas and other fuels (0.01 percentage points) and transport (0.01 percentage points), and decreases in alcoholic beverages and tobacco (0.01 percentage points), and food and non-alcoholic beverages (0.05 percent points).

The SITA newswire quoted the Statistics Office as stating that prices of education posted the most significant year-on-year growth, with 6.8 percent. Prices in the health sector grew by 4.3 percent, prices of miscellaneous goods and services surged 3.5 percent and prices of food and non-alcoholic beverages increased by 3.4 percent. Transportation was the only area posting a drop, going down 0.6 percent.

(Source: TASR, SITA)
Compiled by Zuzana Vilikovská from press reports
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