Slovakia’s average annual inflation rate was 3.5 percent in October, the Statistics Office (ŠÚ) announced on Wednesday, November 16. The indicator grew by 0.3 percentage points on a monthly basis.
In addition, the office announced that the year-on-year inflation rate, as measured according to the EU-harmonised index of consumer prices, grew by 4.6 percent. Prices fell slightly in only one area month-on-month: alcoholic beverages and tobacco (by 0.01 percentage points), the TASR newswire reported, citing the ŠÚ. Prices in all other areas rose month-on-month. Clothing and footwear, for example, posted one of the biggest increases, 0.07 percentage points, followed by health care on 0.04 percentage points and housing on 0.03 percentage points.
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.
