Slovakia: Inflation continues to rise in November
December 17, 2014
In November, consumer prices declined 0.1% over the previous month, which contrasted the 0.1% rise tallied in October. The reading mainly reflected lower prices for transport, as well as for food and non-alcoholic beverages and alcoholic beverages and tobacco. Conversely, clothing as well as housing, gas, electricity and water recorded higher prices than the previous month.
Inflation inched up from 0.2% in October to 0.3% in November, which marked the highest reading in nine months. Meanwhile, the harmonized index of consumer prices was flat in November, which mirrored October’s reading. Annual average HICP fell 0.1% in November (October: 0.0%).
Author: Cecilia Simkievich, Economist