Slovakia’s EU-harmonised annual inflation eases to 0.5% in November 2013

By bne IntelliNews December 17, 2013

Slovakia’s EU-harmonised annual inflation eased to 0.5% in November 2013 from 0.7% in the previous month, data from the statistics office showed.

The monthly inflation rate, measured by the harmonised index of consumer prices (HICP), was negative at -0.2% in November after staying flat in October. The average annual inflation rate, measured by the change in average annual HICP for the last 12 months in comparison with the average for the preceding 12 months, eased to 1.7% in November from 2% the month before.

The EU-harmonised inflation has a different composition of the consumer basket compared to the headline inflation, which slowed at 0.5% y/y and -0.1% m/m in November.

EU-harmonised consumer prices Nov-13, m/m change Oct-13, m/m change Nov-13, y/y change Oct-13, y/y change
Consumer prices, total -0.2% 0.0% 0.5% 0.7%
Food and non-alcoholic beverages -0.5% -0.4% 1.2% 1.9%
Alcoholic beverages and tobacco -0.3% 0.6% 2.1% 3.0%
Clothing and footwear 0.3% 1.5% 0.9% 0.9%
Housing, water, electricity, gas and other fuels 0.0% 0.0% 0.2% 0.3%
Furnishings, household equipment and routine -0.3% -0.1% -0.6% -0.1%
Health 0.2% 0.6% 0.8% 0.6%
Transport -0.7% -0.9% -2.0% -2.2%
Post and telecoms 0.0% 0.0% -1.0% -1.0%
Recreation and culture -0.1% 0.1% 0.9% 1.3%
Education 0.0% 0.1% 5.7% 5.6%
Hotels, cafes and restaurants 0.2% 0.1% 1.7% 1.5%
Miscellaneous goods and services 0.0% 0.2% -0.4% -0.1%
Source: Statistical Office of the Slovak Republic        

Related Articles

Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD

Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more

Fears grow of Russian interference in Central European media space

Two thirds of Central Europeans are concerned about Russian interference in their country’s media or public opinion, according to a new poll conducted by MEDIAN on behalf of the ... more

How Ukrainian grain wrecked the Polish grain market

The Polish grain market has been thrown into disarray by cheap Ukrainian grain that sent prices plummeting in April, causing Warsaw to impose a five-month ban, backed up by the European Commission. ... more

Dismiss