Slovakia inflation in February highest since December 2003

Figures

Photo by Zerbor / Shutterstock.com

Slovakia's consumer price inflation increased to the highest since December 2003, figures from the Slovak Statistical Office (SÚSR) showed on Tuesday.

The consumer price index (CPI) rose 9% year-on-year in February, following a 8.4% rise in January. Transport costs increased 10.6% yearly in February and those of restaurants and hotels increased 15.6%.

Prices for housing, water, electricity, gas, and other fuels, and alcoholic beverages and tobacco rose by 13.2% and 8.6%, respectively.

On a monthly basis, consumer prices rose 0.9% in February, after a 2.7% gain in the previous month. The core inflation rose to 7.9% in February from 7.1% in January.

On month, the core CPI rose 1.0% in February, after a 1.6% increase in the prior month.

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

Orbán Augurs Economic Rebound From Q3 Government

Orbán Augurs Economic Rebound From Q3

Corvinus Uni, ExxonMobil Sign Cooperation Deal Deals

Corvinus Uni, ExxonMobil Sign Cooperation Deal

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.