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EU-harmonised inflation sinks to record low of 1.1 percent in May

Annual inflation in Slovakia measured according to EU methodology dropped from 1.4 percent in April to a record low of 1.1 percent in May, the Slovak Statistics Office reported on Tuesday, June 16.

Annual inflation in Slovakia measured according to EU methodology dropped from 1.4 percent in April to a record low of 1.1 percent in May, the Slovak Statistics Office reported on Tuesday, June 16.

The growth in consumer prices was slowed especially by cuts in prices for transport – by 6.9 percent year-on-year – as well as for food and non-alcoholic beverages – by 4.1 percent. The biggest price increases y-o-y were recorded in alcoholic beverages and tobacco – 8.7 percent – in healthcare - 7.7 percent – and in hotels, cafes and restaurants – 6.5 percent – the TASR newswire reported. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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