In May, consumer prices added 0.3% over the previous month, slightly below the 0.5% increase observed in April. The subdued monthly increase mainly reflected higher prices for food (+1.0% month-on-month) as well as for clothing and footwear (+1.1% mom). As a result, annual headline inflation moved from 3.7% in April to 4.0% in May and is now at its highest level since December 2008. Moreover, annual average HICP inflation (based on the harmonized index of consumer prices) rose from 1.8% in April to 2.1% in May. With inflationary pressures building up in the economy, the Central Bank revised its forecasts in June 2011 and now expects annual average HICP inflation to reach 4.1% this year before moderating to 3.3% in 2012.
Inflation accelerates for sixth straight month in May
June 13, 2011
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Slovakia Economic News
October 17, 2016
In September, consumer prices edged up 0.1% over the previous month, which contrasted the 0.1% drop registered in August.
October 11, 2016
In August, industrial production improved notably as it grew 17.5% from the same month last year, which was the highest rise since March 2008.
September 14, 2016
In August, consumer prices fell 0.1% over the previous month, which followed the 0.4% drop registered in July.
September 12, 2016
Industrial production dropped 14.3% annually in July, which contrasted the revised 2.3% expansion in June (previously reported: +2.2% year-on-year).
August 18, 2016
In July, consumer prices plunged 0.4% over the previous month, which contrasted the 0.1% rise tallied in June.