Spectator on facebook

Spectator on facebook

October inflation stagnated

THE ANNUAL inflation did not change in October compared to the previous month. The core inflation rose by 0.2 percent month-on-month, while the net inflation increased by 0.6 percent m/m, the Statistics Office (ŠÚ) informed on November 12.

THE ANNUAL inflation did not change in October compared to the previous month. The core inflation rose by 0.2 percent month-on-month, while the net inflation increased by 0.6 percent m/m, the Statistics Office (ŠÚ) informed on November 12.

The core inflation in October compared to September affected the total inflation by 0.10 percentage points, while regulated prices and indirect taxes did not have an impact on total inflation. Food prices influenced the core inflation by -0.07 percentage points and net inflation impacted the core inflation by 0.17 percentage points, according to the ŠÚ.

Regarding the consumer prices, they increased by 0.1 percent m/m in total. They rose in the divisions of alcoholic beverages and tobacco by 1.5 percent m/m; clothing and footwear by 1.3 percent m/m; postal and telecommunication services, miscellaneous goods and services by 0.3 percent m/m each; furnishings, household equipment and routine maintenance of the house, recreation and culture, and education by 0.2 percent m/m each; housing, water, electricity, gas and other fuels, health, and hotels, cafés and restaurants by 0.1 percent m/m each. Decreasing prices were recorded in transport (by 0.5 percent m/m), food and non-alcoholic beverages (by 0.4 percent m/m).

In annual terms, consumer prices did not change in total. They rose in education by 2.8 percent; miscellaneous goods and services by 1.9 percent; alcoholic beverages and tobacco by 1.8 percent; clothing and footwear by 1.4 percent; hotels, cafés and restaurants by 1.1 percent; recreation and culture by 0.8 percent; health by 0.5 percent; and furnishings, household equipment and routine maintenance of the house by 0.3 percent. Prices fell for food and non-alcoholic beverages by 1.6 percent; transport by 1.3 percent; postal and telecommunication services by 0.4 percent; and housing, water, electricity, gas and other fuels by 0.3 percent, according to the ŠÚ.

Source: Statistics Office website

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Rector, minister, president. Why nobody halted the plagiarists’ appointment?

None of the concerned parties see their role in evaluating the moral qualities of the candidate for professor.

Marian Vanderka

Fallen lines and engine fires: Slovak trains are not without incidents Photo

Slovak rail carrier ZSSK is facing a massive wave of criticism after some recent accidents.

Fire on a train between Šaľa and Galanta.

Pohoda Festival organisers to pay compensation to parents of fatality

The verdict obliging the famous music festival to pay damage compensation to those bereft of a girl who died in 2009 from injuries caused by a fallen tent is not effective yet.

The damaged tent hit or put at risk at least 300 people back in 2009.

Rules for hiring foreigners are simpler. For exceptions

Despite positive changes, employers still point to some barriers preventing more effective and simpler recruitment of foreign workers.

Some problems with Foreigners’ Police continue.