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| Inflation Up to 3.8 percent in August, Highest Figure in Past Nine Years |
| Bratislava, 16.09.2021 |
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| Prices continued to rise in August, with year-on-year (y-o-y) inflation reaching as high as 3.8 percent, the Statistics Office reported on Tuesday. This is the highest figure to be reported since October 2012, i.e. for almost nine years.
Inflation was driven by higher prices in transport, imputed rentals influenced by the prices of construction materials and rapidly growing food prices.
While housing and energy prices dampened price growth at the beginning of the year, they’ve been more likely to boost it in the second half of the year. Increases in prices of construction materials have already outdone the effect of a drop in energy prices from the beginning of the year. “This was supplemented by more expensive fuels, with prices reporting growth of over 20 percent for the fourth consecutive month,” said the Statistics Office.On a monthly basis, the increase in consumer prices amounted to 0.4 percent in August, but the rate of growth decelerated and was the lowest in four months.
Monthly growth resulted from the following increases: in furniture, household equipment and ordinary maintenance (up 1.1 percent), transport (1 percent), miscellaneous goods and services (0.8 percent), and imputed rentals (1.6 percent).
Conversely, monthly growth was dampened by the prices of food and non-alcoholic beverages (down 0.1 percent).
odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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