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Inflation down by 0.2 percent in April

CONSUMER prices in Slovakia dropped in April 2014 by 0.2 percent in a year-on-year comparison, the Statistics Office stated on May 14 as reported by the SITA newswire.

CONSUMER prices in Slovakia dropped in April 2014 by 0.2 percent in a year-on-year comparison, the Statistics Office stated on May 14 as reported by the SITA newswire.

According to the statistics, the prices of transport and postal and telecommunications services dropped by 1.4 percent, while the prices of furniture and housekeeping materials dropped by 1 percent. Foodstuffs and and non-alcoholic drinks were 0.8 percent cheaper in April, while prices for housing, water, electricity, gas and other fuels dropped by 0.6 percent.

On the other hand, prices in the education sector rose in annual terms by 4.7 percent, as well as prices of alcoholic beverages and tobacco, which went up 2.2 percent in the year-on-year comparison. Prices for hotels, cafes and restaurants increased by 1.4 percent, while clothing and footwear prices rose by 1.1 percent.

In comparison with March 2014, prices in April did not change. Prices of transport, postal, telecommunications services and education remained at the same level as the previous month. Prices of clothing and footwear rose by 2.1 percent month-on-month, as well as prices in reacreation and culture, which went up by 0.6 percent. On the other hand, prices of foodstuffs and non-alcoholic beverages went down by 0.8 percent, while prices of furniture and housekeeping materials decreased by 0.4 percent.

In the first four months of this year consumer prices dropped by 0.1 percent when compared to the same period one year ago.

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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