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Financial News: Slovakia Inflation Accelerates For Second Month

Slovakia Inflation Accelerates For Second Month

05/14/2018 - 05:52:00 (RTTNews)

(RTTNews) - Slovakia's consumer price inflation accelerated for the second straight month in April, figures from the Statistical Office of the Slovak Republic showed Monday.

Consumer prices climbed 2.4 percent year-on-year in April, faster than the 2.4 percent increase in March. The measure has been rising since December 2016.

Prices of food and non-alcoholic beverages grew 5.8 percent annually and clothing and footwear prices rose by 2.7 percent.

On a monthly basis, consumer prices increased 0.6 percent from march, when it edged up by 0.2 percent.

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