Slovakia inflation slows in January

Figures

Photo by Zerbor / Shutterstock.com

Slovakia's consumer price index (CPI) rose 0.7% year-on-year in January, after a 1.6% increase in December, figures from the Slovak Statistical Office(SÚSR) showed on Monday.

Communication cost surged 7% annually in January. Prices for restaurants and hotels and those for miscellaneous goods and services grew 3.4%, each. Meanwhile, prices for transport declined 2.3%. Cost for housing, water, electricity, gas and other fuels, and communication decreased by 1.1% and 0.5%, respectively.

On month, consumer prices rose 0.3% in January, after a 0.1% fall in the previous month. Core inflation eased to 1.2% in January from 1.5% in the preceding month. On a monthly basis, core CPI rose 0.9% in January, after a 0.1% decrease in the prior month. 

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.