Slovakia: October 2008 |
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Price development and real economy After following an upward trend for the past eight months, the inflation rate will likely decline in September to an annual rate of 4.8%, down from 5.0% in August. The seasonally lower prices of vegetables and lower prices of oil should help to contain growth in cigarette prices in September. Outlook for the final quarter of the year depends on whether the regulatory body okays the hike in energy prices for households (demanded by the gas distributor) or not.
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