Spectator on facebook

Spectator on facebook

Harmonised inflation in Slovakia was zero in January

A HALT in price growth was confirmed by the harmonised data according to the European Union methodology. Harmonised inflation in Slovakia in January was zero percent, the same as inflation measured using national methodology, the SITA newswire reported.

A HALT in price growth was confirmed by the harmonised data according to the European Union methodology. Harmonised inflation in Slovakia in January was zero percent, the same as inflation measured using national methodology, the SITA newswire reported.

In December, prices still grew by 0.4 percent in year-on-year terms. This year’s average annual inflation rate in January amounted to 1.3 percent. In a monthly comparison, there was opposite development. While in December prices fell by 0.2 percent, in January they went up by 0.3 percent.

As the Statistics Office of the Slovak Republic further informed, the strongest annual growth in prices in January was seen in education, up by 5.4 percent, followed by prices of alcoholic beverages and tobacco, which rose by 2.5 percent, hotels, cafes and restaurants by 1.5 percent, and health care services by 1.1 percent. The price of food and non-alcoholic beverages rose slightly by 0.9 percent, clothing and footwear by 0.7 percent and recreation and culture by 0.6 percent.

On the other hand, prices fell most in housing, water, electricity, gas and other fuels by 1.6 percent. Also lower were prices in post and telecommunications, furniture, household equipment and routine household maintenance, equally by 1.4 percent. Transport prices fell by 1.2 percent and prices of miscellaneous goods and services dropped by 0.9 percent.

Source: SITA

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

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska