Slovakia´s consumer prices up by 1.1% m/m in January

Slovakia´s consumer prices up by 1.1% m/m in January
Consumer prices in Slovakia grew by 1.1% on average in total month-to-month in January 2019 and 2.2% y/y according to the Slovak Statistics Office
By bne IntelliNews February 19, 2019

Consumer prices in Slovakia grew by 1.1% on average in total month-to-month in January 2019, according to the Slovak Statistics Office data published on February 15.

The most significant increase by 3% occurred in the prices of food and non-alcoholic beverages, mainly influence by growth in fruit prices (by 11%), vegetables (by 5.4%), and bread and cereals (by 5.4%).

Prices of housing, water, electricity, gas and other fuels rose by 1.8%, alcoholic beverages and tobacco by 1.3%, services by 1%. On the other hand, prices for clothing and footwear, transport, postal services, and furniture, household furnishings and regular household maintenance dropped.

A drop in transport was affected by lower prices for vehicle maintenance (by 0.9%) as prices for fuels and lubricants (by 1.6%).

In year-on-year terms, “consumer prices increased by 2.2% in total. Prices increased in the divisions of housing, water, electricity, gas and other fuels by 4.3%; miscellaneous goods and services by 3,8 %; restaurants and hotels by 3,5 %; alcoholic beverages and tobacco by 2.1%; health by 1.8%; clothing and footwear, furnishings, household equipment and routine maintenance of the house equally by 1.7%; food and non-alcoholic beverages by 1.6%; education by 0.9%; communications by 0.8%; recreation and culture by 0.7%. Prices of transport decreased by 1.8%,” reported the Office.

 

Data

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