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Slovakia HICP Falls Further In September

Slovakia's EU measure of inflation continued its' declining trend in September, but fell at a slower pace than in the previous month, data from the Statistical Office of the Slovak Republic showed Monday.

The harmonized index of consumer prices, or HICP, dropped 0.5 percent year-over-year in September, following a 0.8 percent decrease in August. The measure has been falling since December 2014.

Prices of food and non-alcoholic beverages fell 3.3 percent on year and transport costs went down by 1.1 percent.

Month-on-month, the HICP showed no variations in September, after a 0.1 percent drop in August.

by RTT Staff Writer

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