Slovakia: Consumer prices drop in March
April 14, 2016
In March, consumer prices were flat over the previous month, following the 0.1% rise tallied in February. March’s reading mainly reflected that higher prices for transport, recreation and culture as well as for hotels, cafes and restaurants were offset by lower costs for alcoholic beverages and tobacco as well as for furnishings and household equipment.
Consumer prices fell 0.5% annually in March. The print was below the 0.4% decline in February. Meanwhile, the harmonized index of consumer prices was flat in monthly terms in March (February: +0.1% month-on-month). Annual harmonized consumer prices fell 0.5% in March, which was below February’s 0.3% decline.