Stats Office: Consumer Prices Up by 1 percent Y-o-Y in March

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Bratislava, April 13 (TASR) – Consumer prices in Slovakia increased by 1 percent year-on-year in March 2017, the Slovak Statistics Office announced on Thursday.

Prices increased y-o-y in the following categories in March: in transport – by 6.2 percent; in alcoholic beverages and tobacco – 3.2 percent; in health care – 3 percent; in hotels and restaurants – 2 percent; in both food and non-alcoholic beverages and in education – 1.9 percent each; in recreation and culture – 1.3 percent; in miscellaneous goods and services – 1.1 percent; and in postal and telecommunications services – 0.4 percent.

Conversely, consumer prices fell y-o-y in the following sectors: in housing, water, electricity, gas and other fuels – by 1.8 percent; in furniture, housing accessories and maintenance – 0.4 percent; and in footwear and clothing – 0.1 percent.

Meanwhile, consumer prices went down by 0.1 percent month-on-month in March.

M-o-m decreases were recorded in the following sectors: in health care – by 1.6 percent; in food and non-alcoholic beverages – 0.6 percent; in transport – 0.4 percent; and in furniture, housing accessories and maintenance – 0.2 percent.

Conversely, prices in alcoholic beverages and tobacco grew by 0.9 percent; in footwear and clothing by 0.3 percent; in recreation and culture by 0.2 percent; and in hotels and restaurants by 0.1 percent. Prices in housing, water, electricity, gas and other fuels
remained at the February level, just as did prices in postal and telecommunications services, in education and in miscellaneous goods and services.

Three months into 2017, meanwhile, consumer prices mounted by 0.9 percent on average when compared to the same period in 2016.

The consumer price index went down by 0.1 percent m-o-m in March for employed and low-income households, while in pensioner households it fell 0.2 percent. In y-o-y comparison the index increased by 1 percent for employed households, while it grew by 0.7 percent for pensioner households and by 0.9 percent for low-income households.

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