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Financial News: Slovakia HICP Inflation Increases In August

Slovakia HICP Inflation Increases In August

09/17/2021 - 04:18:00 (RTTNews)

(RTTNews) - Slovakia's EU measure of inflation increased in August, data from the Statistical Office Of the Slovak Republic showed on Friday.

The harmonized index of consumer prices, or HICP, rose 3.3 percent year-on-year in August, after 2.9 percent gain in July. This was in line with economists' expectation.

On a month-on-month basis, increased 0.2 percent in August, following a 0.5 percent gain in the preceding month. Economists had expected a 0.3 percent rise.

Earlier, the statistical office reported that the consumer price index rose 3.8 percent yearly in August and gained 0.4 percent from a month ago.

The core inflation rose to 4.5 percent in August from 3.9 percent in the prior month.

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