Slovakia's inflation slowed for the second consecutive month in May, after remaining steady in March, data released by the Statistical Office of the Slovak Republic showed Wednesday.
The consumer price index rose 3.4 percent year-on-year, following a 3.6 percent gain in April. In February and March, inflation was 3.8 percent each. Inflation has been slowing since December last year, after peaking at 4.6 percent in November.
Core inflation also fell for a second month in a row in May. The figure dropped to 2.2 percent from 2.4 percent.
Month-on-month, prices edged up 0.1 percent, after a 0.3 percent increase in April. Core consumer prices rose 0.2 percent, following a 0.3 percent gain in the previous month.
by RTT Staff Writer
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