Slovakia’s annual headline inflation eased for the 13th consecutive month in November 2013 reaching 0.5%, a level not seen since the beginning of 2010, data from the statistics office showed. In October the inflation stood at 0.6%. On a monthly basis, consumer prices edged down 0.1% in November after staying flat in the previous two months.
Prices of housing, water, electricity, gas and other fuels, which have the strongest weight in the consumer basket, edged up 0.1% bringing up the annual growth of the component to 0.3% in November from 0.2% the month before. Prices of food and non-alcoholic beverages, which have the second strongest weight in the basket, fell 0.5% m/m for in November helping ease the annual rise to 1.1% from 1.8%.
November’s annual core inflation eased to 0.4% from 0.6% in October.
For the first eleven months of 2013, consumer prices increased by 1.5% y/y on average.
|Nov-13, m/m change||Oct-13, m/m change||Nov-13, y/y change||Oct-13, y/y change||Jan-Nov-13, y/y change|
|Consumer prices, total||-0.1%||0.0%||0.5%||0.6%||1.5%|
|Food and non-alcoholic beverages||-0.5%||-0.4%||1.1%||1.8%||3.8%|
|Alcoholic beverages and tobacco||-0.3%||0.6%||2.1%||3.0%||3.0%|
|Clothing and footwear||0.3%||1.5%||0.9%||0.9%||1.0%|
|Housing, water, electricity, gas and other fuels||0.1%||0.0%||0.3%||0.2%||0.4%|
|Furnishings, household equipment and routine maintenance of the house||-0.3%||-0.1%||-0.5%||-0.1%||0.2%|
|Recreation and culture||-0.1%||0.2%||1.0%||1.4%||1.9%|
|Hotels, cafes and restaurants||0.2%||0.1%||1.7%||1.5%||2.5%|
|Miscellaneous goods and services||0.0%||0.2%||-0.5%||-0.2%||1.5%|
|Source: Statistical Office of the Slovak Republic|
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