Inflation rate in Slovakia accelerates to 0.7 percent in April

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 March was 0.3 percent compared to the historical low of minus 0.2 percent reported for February and then increased further to 0.7 percent in April. But the average twelve-month inflation rate was unchanged at the historical low of 0.3 percent posted in March.

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 March was 0.3 percent compared to the historical low of minus 0.2 percent reported for February and then increased further to 0.7 percent in April. But the average twelve-month inflation rate was unchanged at the historical low of 0.3 percent posted in March.

Prices of alcoholic beverages and tobacco jumped the most in a year-on-year comparison, by 7.9 percent, SITA wrote. The deepest decline of 3.8 percent was posted in prices of 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.

Source: SITA

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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