17. March 2011 at 14:00

Inflation accelerated in February to reach 3.5 percent y-o-y

The prices of goods and services as measured by EU methodology rose by 3.5 percent year-on-year in February, up from the 3.2 percent rate seen a month earlier, Slovakia's Statistics Office announced on Wednesday, March 16.

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The prices of goods and services as measured by EU methodology rose by 3.5 percent year-on-year in February, up from the 3.2 percent rate seen a month earlier, Slovakia's Statistics Office announced on Wednesday, March 16.

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National methodology put inflation at 3.3 percent on an annual basis in February, the TASR newswire wrote. The rise was mainly fuelled by the increasing prices of food and alcohol-free beverages, which saw an annual mark-up of 6.5 percent in February. The prices of housing, water, power and fuels, went up by 6 percent on an annual basis.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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