Slovakia's inflation gained momentum in July, rising for a second straight month, data released by the Statistical Office of the Slovak Republic revealed Monday.
The consumer price index (CPI) climbed 3.7 percent year-on-year, following June's 3.4 percent increase. It is the highest rate since March, when inflation was 3.8 percent.
Month-on-month, consumer prices were flat in July, after a 0.2 percent gain in the previous month.
Core inflation, which excludes volatile prices, also accelerated for a second month in a row. The figure rose to 2.8 percent from June's 2.5 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.