Slovakia: Drop in consumer prices stabilizes in June
July 15, 2016
In June, consumer prices increased 0.1% over the previous month, which was above the flat reading tallied in May. June’s figure was mainly caused by higher prices for transport as well as for clothing and footwear.
Consumer prices fell 0.8% annually in June. The print matched the result tallied in May, thereby remaining at historically low levels. Meanwhile, the harmonized index of consumer prices rose 0.1% in monthly terms in June (May: -0.1% month-on-month). Annual harmonized consumer prices fell 0.7% in June, which was in line with May’s result.
Author: Christopher Mc Innes, Economist