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Harmonised inflation down by 0.1 percent

HARMONISED inflation continues to mirror consumer prices when measured using the national methodology.

HARMONISED inflation continues to mirror consumer prices when measured using the national methodology.

Prices measured by the Harmonised Index of Consumer Prices (HICP) in Slovakia in February declined by 0.1 percent year-on-year, after they stagnated in January. The average twelve-month inflation thus went down 0.2 percentage points from January to 1.3 percent in February, the SITA newswire reported, citing the data of the Statistics’ Office.

In monthly terms prices dropped 0.1 percent in February as measured by harmonised methodology, while in January they increased by 0.3 percent from December.

As the Statistics Office further reported, prices grew the fastest on an annual basis in February in education by 5.1 percent, followed by alcoholic beverages and tobacco by 2 percent, and hotels, cafes and restaurants by 1.5 percent. Prices in the health-care sector rose by 1 percent. An increase in prices lower than 1 percent was seen in the prices of clothing and footwear by 0.8 percent, foodstuffs and soft beverages by 0.6 percent, and recreation and culture by 0.5 percent.

On the other hand, prices dropped the most in the sector of housing, supplies of water, electricity, gas and other fuels by 1.7 percent. Prices decreased in postal services and telecommunications by 1.4 percent; transport by 1.2 percent; furniture, household equipment and routine household maintenance by 1.1 percent; and miscellaneous goods and services by 1 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.

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