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Slovakia Inflation September 2019

Slovakia: Inflation ticks up in September

Consumer prices inched up 0.1% month-on-month in September, following August’s 0.2% increase. The print reflected higher prices for education, clothing and footwear and transport, which more than offset by lower prices for restaurant and hotels and recreation and culture—due to seasonal factors.

Inflation ticked up to 2.9% in September from August’s 2.8%, matching July’s reading which had marked the highest reading in 15-months. Meanwhile, harmonized inflation remained stable at August’s 3.0%, a near seven-year high, while annual average inflation remained dipped from 2.3% to 2.2% in September.

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