Harmonised inflation rate unchanged in May at 0.7%

Inflation in Slovakia measured by EU methodology stood at 0.7 percent year-on-year in May, the same figure as in April, the Slovak Statistics Office reported on Wednesday, June 16. Over the last 12 months, inflation has averaged 0.3 percent, the TASR newswire wrote.

Inflation in Slovakia measured by EU methodology stood at 0.7 percent year-on-year in May, the same figure as in April, the Slovak Statistics Office reported on Wednesday, June 16. Over the last 12 months, inflation has averaged 0.3 percent, the TASR newswire wrote.

In May, prices grew most rapidly in the category of alcohol and tobacco (by 7.6 percent), followed by those in healthcare services and education (4.5 percent). The biggest y/y drop was registered in the prices of furniture, household equipment and routine maintenance (3.8 percent). Prices in May grew by 0.1 percent month-on-month, mainly due to price increases in food, non-alcoholic beverages and transport.

Inflation calculated according to national methodology, as reported by the Statistics Office last week, fell from 1.3 percent y/y in April to 1.2 percent in May.

Source: 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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