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Financial News: Slovakia HICP Inflation Slows In January

Slovakia HICP Inflation Slows In January

02/23/2021 - 05:38:00 (RTTNews)

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

The harmonized index of consumer prices, or HICP, rose 0.7 percent year-on-year in January, after a 1.6 percent gain in December. Economists had expected a 0.4 percent increase.

On a month-on-month basis, increased 0.3 percent in January, after a 0.1 percent fall in the preceding month.

Earlier, the statistical office reported that the consumer price index rose 0.7 percent yearly in January and gained 0.3 percent from a month ago.

The core inflation eased to 1.2 percent in January from 1.5 percent in the prior month.

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