Slovakia: Consumer prices post another flat reading in August
September 17, 2014
In August, the consumer price index fell 0.2% over the previous month, which came in further below July’s 0.1% drop and markeding a one-year low. Prices in 5 of the 12 categories that make up the index fell in August. The reading mainly reflects decreasing prices for food and non-alcoholic beverages as well as clothing and footwear.
Consumer prices recorded a flat reading over the same month last year in August, matching July’s result. Meanwhile, the harmonized index of consumer prices inched remained at July’s 0.2% drop in August. Annual average HICP inflation decreased from 0.3% in July to 0.1% in August, the lowest rate on record.