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Financial News: Slovakia Inflation Accelerates For Third Month

Slovakia Inflation Accelerates For Third Month

10/13/2017 - 03:23:00 (RTTNews)

(RTTNews) - Slovakia's consumer price inflation accelerated for the third straight month in September, though marginally, data from the Statistical Office of the Slovak Republic showed Friday.

The consumer price index climbed 1.6 percent year-over-year in September, just above the 1.5 percent increase in August. The measure has been rising since December last year.

Prices of food and non-alcoholic beverages grew 5.3 percent annually in September and transport costs climbed by 3.2 percent. At the same time, utility costs dropped 1.2 percent.

Month-on-month, consumer prices edged up 0.2 percent in September after remaining flat in the preceding month.

Core inflation rose to 2.3 percent in September from 2.2 percent in August. Monthly, core consumer prices went up 0.2 from July, when it showed no variations.

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