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Financial News: Slovakia Inflation Accelerates In April

Slovakia Inflation Accelerates In April

05/13/2022 - 05:44:00 (RTTNews)

(RTTNews) - Slovakia's consumer price inflation increased in April, figures from the Statistical Office of the Slovak Republic showed on Friday.

The consumer price index increased 11.8 percent year-on-year in April, following a 10.4 percent rise in March. Economists had expected a rate of 11.6 percent.

Prices for food, and housing and energy logged a double-digit growth in April.

On a monthly basis, consumer prices rose 1.5 percent in April, following a 1.7 percent gain in the previous month. Economists had forecast a rate of 1.4 percent.

The core inflation rose to 11.1 percent in April from 9.5 percent in the previous month. Economists had expected an 11.0 percent increase.

On a month-on-month basis, the core CPI inflation remained unchanged at 1.7 percent in April, while economists had forecast a rise of 1.6 percent.

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