Spectator on facebook

Spectator on facebook

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.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.