Slovakia: Consumer prices fall for twenty-second consecutive month in September
October 17, 2016
In September, consumer prices edged up 0.1% over the previous month, which contrasted the 0.1% drop registered in August. September’s figure was mainly driven by higher prices for transport and education, according to the Statistical Office of the Slovak Republic (SOSR).
In annual terms, consumer prices declined 0.5% in September, which followed August’s 0.8% fall. Meanwhile, the harmonized index of consumer prices was flat in monthly terms in September (August: -0.1% month-on-month). Harmonized consumer prices fell 0.5% annually, following August’s 0.8% decline.
Author: Luis Lopez Vivas, Economist