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Slovakia HICP Inflation Increases In August

Slovakia's EU measure of inflation increased in August, data from the Statistical Office Of the Slovak Republic showed on Friday.

The harmonized index of consumer prices, or HICP, rose 3.3 percent year-on-year in August, after 2.9 percent gain in July. This was in line with economists' expectation.

On a month-on-month basis, increased 0.2 percent in August, following a 0.5 percent gain in the preceding month. Economists had expected a 0.3 percent rise.

Earlier, the statistical office reported that the consumer price index rose 3.8 percent yearly in August and gained 0.4 percent from a month ago.

The core inflation rose to 4.5 percent in August from 3.9 percent in the prior month.

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