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Slovakia Inflation Eases To 3.8%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Slovakia's consumer price inflation softened slightly in May, figures from the Statistical Office of the Slovak Republic showed on Monday.

Consumer prices rose 3.8 percent annually in May, following a 3.9 percent increase in April.

Inflation based on food and non-alcoholic beverages eased to 0.3 percent from 1.0 percent. The annual price growth in food and non-alcoholic beverages eased to 0.6 percent from 0.7 percent.

On the other hand, transport inflation was 9.4 percent, which was the highest growth in three-and-a-half years amid a 19.7 percent surge in fuel costs.

Data showed that core inflation moderated to 2.3 percent from 2.4 percent.

Monthly, consumer prices climbed 0.4 percent after a 0.5 percent rise in the prior month.

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