Slovakia: Consumer prices drop at fastest pace in 10 months in December
January 15, 2016
In December, consumer prices dropped 0.3% over the previous month, following the flat reading tallied in November. December’s reading mainly reflected lower prices for transport, food and non-alcoholic beverages as well as for alcoholic beverages and tobacco.
Consumer prices fell 0.2% annually in December. The print was below the flat reading tallied in November and marked a 10-month low. Meanwhile, the harmonized index of consumer prices declined 0.3% in monthly terms in December (November: 0.0% month-on-month). Annual harmonized consumer prices fell 0.5% in December, which was below November’s 0.4% decline.