Core and net inflation recorded negative numbers in February

IN FEBRUARY 2014, year-on-year inflation reached -0.1 percent, while core inflation stood at 0.3 percent and net inflation amounted to 0.2 percent, the Slovak Statistics Office (ŠÚ) informed on March 12.

IN FEBRUARY 2014, year-on-year inflation reached -0.1 percent, while core inflation stood at 0.3 percent and net inflation amounted to 0.2 percent, the Slovak Statistics Office (ŠÚ) informed on March 12.

In February, compared with January, core inflation affected total inflation by 0.10 percentage points (p.p.), whereas regulated prices and indirect taxes did not impact total inflation. Food prices influenced core inflation by -0.06 p.p. and net inflation affected core inflation by -0.03 p.p.

Prices declined the most, in annual terms, in postal and telecoms services by 1.4 percent; transport by 1.3 percent; house furnishing and common maintenance by 1.1 percent; various goods and services by 1 percent; and housing, water, energy, gas and other fuels by 0.9 percent. Growth was recorded in the development of prices for education by 5.1 percent; alcoholic beverages and tobacco by 2 percent; restaurant and hotel services by 1.5 percent; health by 0.9 percent; clothes and shoes by 0.8 percent; and food and soft drinks and culture by 0.6 percent each, the SITA newswire reported, quoting the ŠÚ.

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