In Slovakia, the annual inflation was 10.5 percent last year
In Slovakia, the annual average inflation was 10.5 percent in 2023, with food prices rising most significantly, by an average of 17.5 percent, according to the data of the Slovak Statistical Office (SÚSR), the details of which were presented by TASR, the Slovak public service news agency, on Monday.
Inflation in Slovakia hovered around 15 percent in the first months of 2023, and slowed down to around 6 percent by the end of the year. Transportation prices increased the least, by 1.2 percent annually, compared to 15.7 percent a year earlier.
The prices of sugar, sweets, spices, fish and vegetables rose the fastest among food items last year, between 15 and 24 percent.The prices of meat, milk and cheese, eggs and bread rose between 17 and 19 percent.
The price of oils and fats increased by around 5 percent, significantly slower than a year earlier, when inflation in this segment was 40 percent.
Related news
MBH Bank: Following January’s inflation data, we are raising our inflation forecast for this year to 4.6%
Following a 4.6% year-on-year price increase in December, consumer prices…
Read more >The high inflation in January is not a Hungarian peculiarity – this is when price increases may slow down
The effects of the price increases at the beginning of…
Read more >KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Related news
MBH Bank: Following January’s inflation data, we are raising our inflation forecast for this year to 4.6%
Following a 4.6% year-on-year price increase in December, consumer prices…
Read more >The high inflation in January is not a Hungarian peculiarity – this is when price increases may slow down
The effects of the price increases at the beginning of…
Read more >Hungary and FAO are putting their cooperation on new foundations
FAO Deputy Director-General Maurizio Martina and Undersecretary of State Oszkár…
Read more >