24. May 2010 at 00:00

Inflation rate rises but remains low

SLOVAKIA’s consumer prices, as measured by the European Union’s Harmonised Index of Consumer Prices (HICP) increased in April, the SITA newswire reported. Year-on-year inflation in April was 0.7 percent, after posting an increase in March of 0.3 percent following a historical low of minus 0.2 percent reported for February. The average 12-month inflation rate was unchanged and remained at the historical low of 0.3 percent posted in March.

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SLOVAKIA’s consumer prices, as measured by the European Union’s Harmonised Index of Consumer Prices (HICP) increased in April, the SITA newswire reported. Year-on-year inflation in April was 0.7 percent, after posting an increase in March of 0.3 percent following a historical low of minus 0.2 percent reported for February. The average 12-month inflation rate was unchanged and remained at the historical low of 0.3 percent posted in March.

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Prices of alcoholic beverages and tobacco jumped the most in April, by 7.9 percent, based on a year-on-year comparison, SITA wrote. The deepest drop in prices, of 3.8 percent, was for furniture and home furnishings. Prices of clothing and footwear fell 2 percent, while prices of housing, water, electricity, gas and other fuels shrank by 1.3 percent.

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