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Financial News: Slovakia Inflation Eases In May

Slovakia Inflation Eases In May

06/14/2018 - 07:27:00 (RTTNews)

(RTTNews) - Slovakia's consumer price inflation eased in May after accelerating in the previous two months, figures from the Statistical Office of the Slovak Republic showed Thursday.

Consumer prices climbed 2.4 percent year-on-year in May, slower than the 2.9 percent increase in April. The measure has been rising since December 2016.

Prices of food and non-alcoholic beverages grew 4.5 percent annually and clothing and footwear prices rose by 1.1 percent.

On a monthly basis, consumer prices remained flat in May after rising 0.6 percent in the prior month.

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