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Inflation fell to 3.7 percent in April

Inflation in Slovakia continued its moderate deceleration in April. Inflation measured according to the harmonised index of consumer prices (HICP) stood at 3.7 percent in April, a fall from the 3.9-percent figure recorded in March. According to the Statistics Office of the Slovak Republic (ŠÚ), the average inflation rate over the previous 12 months was 4.2 percent in April, unchanged from March. Consumer prices surged 0.2 percent in monthly terms, while in March they went up 0.3 percent, the SITA newswire reported, citing the ŠÚ.

Inflation in Slovakia continued its moderate deceleration in April. Inflation measured according to the harmonised index of consumer prices (HICP) stood at 3.7 percent in April, a fall from the 3.9-percent figure recorded in March. According to the Statistics Office of the Slovak Republic (ŠÚ), the average inflation rate over the previous 12 months was 4.2 percent in April, unchanged from March. Consumer prices surged 0.2 percent in monthly terms, while in March they went up 0.3 percent, the SITA newswire reported, citing the ŠÚ.

In a year-on-year comparison, transportation prices grew the most to April, by 7.9 percent. Next were prices in health care, up by 6.3 percent; education (5.8 percent); housing and energy supplies (5.3 percent); and miscellaneous goods and services (3.8 percent). Prices also rose in hotels, cafes and restaurants (3.3 percent), alcoholic beverages and tobacco (3.1 percent), foods and soft drinks (2.9 percent), clothing and footwear (2 percent), recreation and culture (1.3 percent) and furniture, common house maintenance and equipment (0.7 percent). The sole area where prices posted a year-on-year fall was postal and telecommunications services.

Prices in health care reported the highest growth in monthly terms, surging 2.5 percent compared to March. On the other hand, prices of alcoholic drinks and tobacco decreased 0.4 percent, followed by soft drinks and foodstuffs, and housing and energy (both down by 0.1 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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