As one of the measures related to the corona situation, the reduced value added tax (VAT) rate was decreased from 12 per cent to 6 per cent from April 1, 2020. Reduced VAT rates apply to personal transports, hotel accommodations as well as access to cinema, sporting events and amusement parks. In addition, air passenger tax is temporarily exempt.
CPI up 4.1 per cent last 12 months
The Consumer Price Index (CPI) rose 1.0 per cent from August 2021 to September 2021, while the CPI-ATE increased by 0.4 per cent in the same period. From September 2020 to September 2021 the CPI increased by 4.1 per cent, while the CPI-ATE rose by 1.2 per cent.
Published: 11 October 2021